Regulating Identity – Government Expectations for Managing, Securing, and Innovating in Identity
Wednesday, September 09, 2020: 3:10 PM - 4:00 PM
Speaker(s)
Description
Digital identity can enable improved customer identification and verification in the digital age, with a promise of greater efficiency, security, interoperability, and trust in a variety of settings. However, the development of a digital identity ecosystem touches on issues that cross sectors and industries, such as policies and regulations related to critical infrastructure safety and soundness, privacy and fairness controls, healthcare quality and protection, and even national security. To prevent abuse of industry sectors and citizen data while also enabling access to key services, U.S. government regulators often require private organizations to identify counterparties in their lines of business, including individuals, corporations, or even products and services. However, regulation usually requires balancing considerations like national security and safety with other public goods like civil liberty and privacy. As technologies and business models evolve, regulators are faced with the needs to assess the effectiveness and harmony of their frameworks to achieve desired U.S. government objectives in safety, security, inclusion, and innovation. Join this innovative discussion with regulators across various sectors as they share insights on how identity helps secure industry and how regulation permits, or must evolve to enable, development and use of innovative identity solutions.