{"id":24403,"date":"2019-04-23T12:55:15","date_gmt":"2019-04-23T12:55:15","guid":{"rendered":"https:\/\/statescoop.com\/?p=24403"},"modified":"2019-06-21T13:26:13","modified_gmt":"2019-06-21T13:26:13","slug":"identity-verification-strategy-reduce-fraud-gartner-report","status":"publish","type":"post","link":"https:\/\/statescoop.com\/identity-verification-strategy-reduce-fraud-gartner-report\/","title":{"rendered":"Identity hub strategy key to reducing fraud, report says"},"content":{"rendered":"

As state and local government agencies roll out more online services, keeping up with identity verification and fraud detection practices is a growing concern for IT leaders. However, traditional methods for corroborating identity are increasingly compromised due to continued breaches of personal data and require a broader approach, a Gartner report says.<\/p>\n

The report, \u201c2018 Gartner Market Guide for Identity Proofing and Corroboration<\/a>,\u201d made publicly available recently by LexisNexis Risk Solutions, recognizes the growing risks of fraud from identity theft and the need for smarter approaches to authenticate users.<\/p>\n

\"Identity_verification<\/a>

Read the full report<\/a>.<\/p><\/div>\n

\u201cThe lines between online fraud detection, identity proofing, compliance and user authentication use cases are increasingly blurring with regard to the techniques that can be applied to increase trust assurance and better identify malicious or anomalous activity,\u201d the report states.<\/p>\n

The report places the practice of identity corroboration at the hub of several inter-related technologies and disciplines needed to assess and assure the trustworthiness of a user\u2019s identity, including identity proofing, user authentication, online fraud detection and compliance.<\/p>\n

Altogether, the report defines identity proofing and corroboration as the affirmative and negative signals which yield a net confidence, or level of trust in the identity claim. Affirmative signals include curated credentials, third-party credentials and familiarity signals. Negative signals include anomalies, attack signals and risk signals.<\/p>\n

\u201cThere are myriad data types and signals that must be corroborated and analyzed in order to achieve a sufficient level of trust in a modern identity proofing and corroboration use case,\u201d the report explains. Already, many organizations in the private sector are turning to providers that can offer identity hub solutions.<\/p>\n

The report also lists and assesses 20 vendors that provide various identity hub components. LexisNexis Risk Solutions was cited among the providers as offering the most complete range of tools.<\/p>\n

Even though government agencies may not require a full suite of identity corroboration capabilities today, the report cautions that sophisticated attacks are moving down-market, and it recommends a strategic plan to incorporate some of these new technologies.<\/p>\n

The Gartner report also touches on some best practices for leaders in security and risk management to apply in identity corroboration, such as:<\/p>\n