2023 demonstrated that we still have a lot of work to do when it comes to protecting Americans from identity theft and identity-related cybercrime. The GAO and FinCEN together documented more than $300 billion in identity-related cybercrime, DHS’ Cyber Safety Review Board (CSRB) outlined how weaknesses in legacy authentication tools enabled adversaries to launch a wave of high-profile attacks, and millions of Americans struggled to recover from identity theft. Meanwhile, the introduction of new tools powered by biometrics and AI to help block attacks also raised concerns about equity and bias, and in the physical world, many Americans still struggle to get foundational credentials that they need to prove who they are. As 2024 kicks off, these issues will all continue to be front and center.
On Thursday, January 25th in Washington DC, the Better Identity Coalition, FIDO Alliance, and the Identity Theft Resource Center (ITRC) joined forces to present a full-day policy forum looking at “Identity, Authentication and the Road Ahead.”