IBM announces new cloud-based identity protection

February 2, 2015 Off By David
Object Storage

Grazed from BetaNews. Author: Editorial Staff.

Many of the things we do online require an ID and password, but typically whilst this makes things easier for the site it doesn’t always do a lot to protect the user, who may be revealing more information than they need. For example you may have to reveal your full date of birth and address to a video streaming service in order to verify your age and region, running a risk that the information may fall into the wrong hands.

Now researchers at IBM have announced plans for a new cloud-based technology to help consumers guard their personal data. The technology, called Identity Mixer, uses a cryptographic algorithm to encrypt the identity attributes of a user, such as their age, nationality, address and credit card number in a way that allows the user to reveal only selected pieces to third parties…

Identity Mixer can be used within a digital wallet, which contains credentials certified by a trusted third party, such as a government-issued electronic identity card. It’s important to note that the issuer of the credentials has no knowledge of how and when they are being used…

Read more from the source @ http://betanews.com/2015/02/02/ibm-announces-new-cloud-based-identity-protection/