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Why digital identity is now a board-level topic

Why digital identity is now a board-level topic

Creating a digital identity strategy to secure and enhance both digital and real-world products and services.

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Director: Advisory

KPMG in Gibraltar

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The evolution of digital identity

As organisations have become more conscious about the role of digital identity as both a potential risk factor and business enabler, the level of investment in sophisticated Identity and Access Management (IAM) tools and services has grown dramatically.

Traditionally, most organisations have viewed IAM as a function of the IT department, focused on back-office operations such as user provisioning, single sign-on and password management. In recent years; however, the growing adoption of cloud services and the proliferation of mobile devices has made IAM an increasingly critical business imperative rather than a mere function of the IT back office.

For these reasons, along with the regulatory agenda, there is now widespread acknowledgment that effectively managing user access is a matter of responsible corporate governance that requires a programmatic approach and methodology, elevating IAM as a board-level concern rather than just another IT requirement.

© 2018 KPMG Limited, a Gibraltar Limited Liability Company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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