“In our ever changing digital economy, identity is the new perimeter and target of security”, according to Henry Bagdasarian, Founder of Identity Management Institute. He says, “changes in technology and culture have shifted the cybersecurity focus from a single network perimeter security to multiple-points-of-entry based security which relies on strong identity and access management practices to secure distributed systems. Also, increasing consumer and government expectations require organizations to protect personal data as the primary target of security. All this requires a complete Digital Identity Transformation.”
Because digital identity transformation touches every part of the organization from physical and logical security, to compliance, fraud, privacy, and business operations, organizations may wonder what it will take to transform and how they can manage a transformation of such magnitude.
Digital Identity Transformation is not a quick process nor is it a one-time event. Digital Identity Transformation may take a few months to plan and sometimes years to complete depending on the size of the organization and scope of the transformation. Once completed, continuous assessment, monitoring, and improvement is necessary to ensure the organization continues to transform its digital identity management practices as threats, business processes, and regulations change.