Consumers, corporations and governments are undertaking an increasing range of activities online and via mobile devices, creating a growing need to authenticate the identity of individuals and organisations. However, many existing authentication solutions are unsecure or inconvenient, and threats to data security and privacy are continuing to grow.
It is estimated that the global number of identity theft victims since 2005 is more than 500 million, with an associated cost to businesses worldwide of more than US$200 billion.
With their differentiated assets such as the SIM card, and strong registration, authentication, and fraud detection and mitigation processes, mobile operators have the ability to provide sufficient authentication to enable consumers, businesses and governments to interact in a private, trusted and secure environment and enable access to services.
But mobile operators need to move quickly and collectively to seize the current opportunity. Countrywide launches of interoperable solutions are critical to offer scale to third parties looking to use mobile operators as the provider of identification services.
The GSMA’s Mobile Identity programme is a global initiative that supports mobile operators to launch and scale robust, interoperable mobile identity services through alignment behind industry frameworks, understanding customer wants and needs, prioritisation of service providers and other third parties, and development of required ecosystems.