Private Sector

Description

Topic: Emerging Technologies to Protect Identity Data in Cyberspace

Over the past 20 years, biometric and identity technologies have proliferated across a number of high-risk use cases including banking, finance, and consumer transactions among many others. In parallel, criminals and hackers have successfully executed a number of high-profile cyber-attacks and database hacks leading to massive biometric data breaches. Emerging technology providers are deploying next generation technologies based on multiparty computation, homomorphic encryption and blockchain to safeguard biometric and identity data while at rest or in transit. This session shall explore the various types of technologies under development and being deployed today. It will also examine the use cases and specific problems sets these technologies seek to solve or mitigate.