Financial Services Industry
Industry: Email Alert RSS FeedAuthentication: Managers Of ID, Fraud Are Red Hot
Bank Technology News, August, 2006 by John Adams
The search for the most thorough and least intrusive identity platform will lead lots of firms that play in the ID space to go on the lookout themselves-for acquisitions and partnerships. The ID-management space was buzzed last month by EMC's announcement of its $2.1 billion acquisition of RSA Security.
EMC chairman Joe Tucci said the deal was an attempt to marry data management with diligent oversight of access to sensitive data-two areas he said go hand in hand. It's the kind of deal that suggests managing identity across an entire organization-covering data, customer-facing operations, customer validation and internal security mitigation-is going to be a tough nut to crack, especially considering that government regulators and the public are watching. That's going to lead...
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