IDM keeps 'good guys in'

Article: "IDM keeps �good guys in�
Firms searching for better online customer authentication
By: Vanessa Ho
ComputerWorld Canada (28 Apr 2006)


Identity theft is a crime of the information age that is increasingly affecting Canadians as access to and sharing of information has become easier due to poorly protected electronic information, according to one security expert.
�We leave digital footprints all over the place because we are connected all the time,� said Robert Parker, a retired partner with Deloitte & Touche LLP, to a group of financial industry practitioners during an event held last month in Toronto entitled, Combating Online Identity Fraud.
Financial institutions need to question whether the clients they are dealing with over the Internet are actually who they say they are, Parker said. Banks are often looking for more effective ways to authenticate those individuals online, he said.
�A whole lot of things can and do go wrong when dealing with identity theft. It can present risk to both individuals and businesses,� he added. As individuals, Parker said people readily disclose personal information through activities like joining loyalty programs."