Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Endpoint Security //

Identity Management

12/4/2018
07:00 AM
Scott Ferguson
Scott Ferguson
News Analysis-Security Now
50%
50%

Microsoft, Mastercard Team Up on Identity Management Technology

While not explicit in their announcement, it seems Microsoft and Mastercard plan to use some form of blockchain to create what they call a 'universally-recognized digital identity.'

Microsoft and Mastercard are working together to create technology that will provide consumers with what the two companies call "universally-recognized digital identity," which can replace passwords and other forms of ID.

When the two companies unveiled the agreement on December 3, both left the details to later, noting that a bigger announcement would happen in the coming months. However, this identify management system will be a Mastercard service built on top of Microsoft Azure -- the company's cloud infrastructure platform.

While not explicit in the statement, Microsoft and Mastercard noted that their system will be "decentralized," which seems to hint at technology built on blockchain, itself a distributed database or ledger that can be used to track ownership of digital or physical objects.

(Source: iStock)
(Source: iStock)

Microsoft, along with IBM, have been looking for several different use cases for blockchain to show how the technology can work beyond cryptocurrency, such as Bitcoin. Redmond recently released a blockchain development kit for Azure.

For its part, IBM has been using blockchain in different markets, including the insurance industry, as well as supply chain. (See IBM's Ginni Rometty: We're the Blockchain & Quantum Computing Leader.)

"Digital identity is a cornerstone of how people live, work and play every day," Joy Chik, corporate vice president for Identity at Microsoft, noted in Monday's announcement. "We believe people should be in control of their digital identity and data, and we're thrilled to first work with Mastercard to bring new decentralized identity innovations to life."

In terms of markets, Mastercard and Microsoft will focus on four specific areas: financial, commerce, government and digital services, which can include anything from social media to ride-sharing.

Additionally, the two companies plan to address three major issues with their identification management technology:

  • Identity inclusion: Microsoft estimates that about 1 billion people across the globe don't have official identification, which affects women, children and refugees particularly. The two companies' technology will address that.
  • Identity verification: The idea here is to create a single, reusable digital identity that can work with any bank, government agency or service, while offering lower cost and less friction than current ID systems.
  • Fraud prevention: The two companies believe that the technology can reduce identity theft.

Earlier this year, Microsoft announced that it planned on reducing password use with its enterprise customers with a number of new tools, including allowing customers to access Azure Active Directory applications using only the company's Authenticator app. (See Microsoft Looks to End the Era of Security Passwords.)

Related posts:

— Scott Ferguson is the managing editor of Light Reading and the editor of Security Now. Follow him on Twitter @sferguson_LR.

Comment  | 
Print  | 
More Insights
Comments
Threaded  |  Newest First  |  Oldest First
Edge-DRsplash-10-edge-articles
I Smell a RAT! New Cybersecurity Threats for the Crypto Industry
David Trepp, Partner, IT Assurance with accounting and advisory firm BPM LLP,  7/9/2021
News
Attacks on Kaseya Servers Led to Ransomware in Less Than 2 Hours
Robert Lemos, Contributing Writer,  7/7/2021
Commentary
It's in the Game (but It Shouldn't Be)
Tal Memran, Cybersecurity Expert, CYE,  7/9/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
The State of Cybersecurity Incident Response
In this report learn how enterprises are building their incident response teams and processes, how they research potential compromises, how they respond to new breaches, and what tools and processes they use to remediate problems and improve their cyber defenses for the future.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-35397
PUBLISHED: 2021-08-04
A path traversal vulnerability in the static router for Drogon from 1.0.0-beta14 to 1.6.0 could allow an unauthenticated, remote attacker to arbitrarily read files. The vulnerability is due to lack of proper input validation for requested path. An attacker could exploit this vulnerability by sending...
CVE-2021-36483
PUBLISHED: 2021-08-04
DevExpress.XtraReports.UI through v21.1 allows attackers to execute arbitrary code via insecure deserialization.
CVE-2021-37231
PUBLISHED: 2021-08-04
A stack-buffer-overflow occurs in Atomicparsley 20210124.204813.840499f through APar_readX() in src/util.cpp while parsing a crafted mp4 file because of the missing boundary check.
CVE-2021-37232
PUBLISHED: 2021-08-04
A stack overflow vulnerability occurs in Atomicparsley 20210124.204813.840499f through APar_read64() in src/util.cpp due to the lack of buffer size of uint32_buffer while reading more bytes in APar_read64.
CVE-2021-32813
PUBLISHED: 2021-08-03
Traefik is an HTTP reverse proxy and load balancer. Prior to version 2.4.13, there exists a potential header vulnerability in Traefik's handling of the Connection header. Active exploitation of this issue is unlikely, as it requires that a removed header would lead to a privilege escalation, however...