The Rise of SSI and its Global Adoption
Summary
Self-sovereign identity (SSI) is emerging as a new layer of internet protocols that aims to give users back ownership and control of their online identities and data. This is a response to current systems where companies often hold and verify user identities, leading to issues like identity theft and fraud. Experts Kaliya Young and Lucy Yang will discuss SSI's emergence, protocol developments, and growing global adoption.
IFF Assessment
SSI empowers individuals with control over their digital identities, which can reduce the attack surface for identity theft and fraud, thus benefiting defenders.
Defender Context
The rise of SSI could lead to a paradigm shift in how online identities are managed, potentially reducing the reliance on centralized identity providers that are often targets for attackers. Defenders should monitor the development and adoption of SSI protocols as they may influence future security architectures and authentication methods.