Security Concerns of Identity Federation
The federated identity process is designed to share personal user information with a third party entrusted with authentication. How this information is processed, stored, protected, and shared has a direct impact on user security and privacy.
Most companies who adopt federation do so for only a handful of applications. It’s difficult to build a system in which all programs can be accessed using a single identity.
This subjects some areas of the network to security risks, including data breaches caused by the use of weak, easily hacked passwords.
Complicating the matter is many businesses lack comprehensive federated identity management plans. The rapid spread of the technology has left these enterprises without the capabilities to implement thorough information security management across the board.
Plus, not all providers within a federation conform to the same security standards. Therefore, the use of multiple providers creates additional points of vulnerability.
External security threats aren’t the only kind of threats out there
Mischief from black-hat insiders and identity theft, two common and troubling organizational security concerns, are also problematic. Companies who participate in a federated identity system need to be certain of the trustworthiness of their internal network users. They need robust authentication protocols in place to ensure each user is who he or she claims to be.
This is more than an idle academic concern at these organizations. Even when there’s no malicious intent, human error is real. A single compromised set of federated credentials can grant hackers access to multiple applications. It’s an open invitation for a major data breach to rocket across a network.
Privilege creep can also open the door to devastating breaches. An employee should only have the level of data access required for his or her job. Any temporary access necessary for short-term projects should be revoked as soon as it’s no longer needed. Automated solutions to grant or revoke access have become more common as enterprises seek to improve internal network security as a measure to reduce the risk of data loss or theft.
What federated identity looks like from the member perspective
As you may have noticed, federated identity systems have a lot of moving parts. This means there are weak spots ripe for data breaches.
Plus, the IDPs own the data, period. They can use it for whatever purposes they choose. The members have no ownership rights whatsoever to their own personal private data once it’s in the hands of an IDP.
Also, consider the enormous size of these IDP databases. The trillions of bytes of data stored in their databases are magnets to hackers attracted by the magnitude of the challenge.
MemberPass: the best digital ID for your members
MemberPass is the simple and secure replacement for federated identity. It’s a hassle-free way for members to prove their identities quickly and retain control and ownership of their private personal information. It’s also virtually impossible to hack and provides superb protection against identity theft and financial fraud.
MemberPass: the best digital ID solution for your credit union
MemberPass delivers a consistent, positive member experience across all channels and access methods. It reduces the incidence and expense of financial fraud and it builds trust with your members.
They’ll thank you once they see and appreciate the benefits of MemberPass digital ID. It’s fast, secure, virtually unhackable, and immune to identity theft. Plus, members own and control their personal information.
To request a MemberPass demo, email us to set one up. You can also register to attend a webinar or simply visit us online at www.memberpass.com to find out more.
The sooner you get started, the sooner your members will enjoy the benefits!
Bonifii, a credit union service organization, offers MemberPass, a simple, secure and convenient member identity verification method. MemberPass is a digital passport that provides members convenient access to their financial accounts while allowing control and privacy over their personal information. We leverage touchless technology to protect you and your members. Visit www.memberpass.com or email email@example.com.