First the transistor then the computer then the Internet. Each of these has been a tsunami, having huge effect upon society and business, which no one really foresaw. The next tsunami is already upon us - federated identity management.
Federation is the ability of one organisation's identity management credentials to be trusted by another organisation so that employees and customers of one organisation can be trusted by those belonging to another. Supply chain globalisation and regulatory compliance are key drivers for adoption.
Re-use, time to market and competitive advantage are others. The rising levels of fraud are another driver - there were over $1 trillion of cybercrime in 2010. BBFA is reacting to the ID tsunami and seeks leading, innovative companies to work with BBFA and government organisations to put UK industryat the forefront of international federation.
Read the Full StoryThe BBFA (British Business Federation Authority) is a not-for-profit, self-regulating organisation to enable the implementation of federated trust across regulated UK companies and industries, based on strong authentication and authorisation policies, procedures and mechanisms, using industry investment. Its Steering Group comprises major companies from a number of regulated industry sectors.
Under the Steering Group’s direction, the BBFA’s working groups and Policy Management Authorities (PMAs) are starting to leverage existing international best practice to produce policies, procedures and enable the implementation of services for federated trust. The PMAs include Government representation.
Read the Full Story