consumer identity management for the cmo, ciso, and cio
DESCRIPTION
A modern-day consumer identity management (CIAM) platform securely collects and manages consumer identity and profile data, along with securing access to apps, computers, and other resources in the network.TRANSCRIPT
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Consumer Identity Management for the CMO, CISO, and CIO The role of consumer identity management in the business world is undeniable. In
the past, identity was primarily used as a deciding factor to authenticate
transactions. If people were successful in verifying who they were, their
transactions were approved.
Today, identity is more than just about security. It drives businesses' trust,
customer experience, emotional connection, and brand value. And, that's incredibly
enticing to a Chief Marketing Officer (CMO).
But many of the emerging applications of identity are also posing serious concerns
with Chief Information Officers (CIOs) and CISOs. Remediating those threats could
mean CMOs having to compromise with customer experience—something they have
been working so hard to improve.
So, now the question arises. Can a CMO, CIO, and CISO work as a team when they
crossroads? It turns out, they can (for the greater good of an enterprise).
An example is how these C-suite professionals are treating identity as a shared
cornerstone that keeps consumers engaged and vulnerabilities under control.
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Importance of Consumer IAM
A modern-day consumer identity management (CIAM) platform safely collects and
maintains consumer identity and profile data, along with securing access to
software, devices, and other services in the network. This is a reason why CMOs,
CISOs, and CIOs of large enterprises see CIAM as a business enabler.
CIAM is the solution that directly controls your experiences with consumers.
Elements like registration, authentication, account management, consent and
preference management, and consumer data security take the lead to the most
extent.
The C-suite security, information, and marketing leaders advocate CIAM platforms
that are seamless and consistent across multiple devices and touchpoints.
A few other features they look for include:
● A single view of consumer: The CIAM platform shouldn't create data silos
across repositories and departments. It should rather offer a single, holistic
view of consumer identities and behaviors on its platform. For example, you
should be able to create a comprehensive profile of each consumer with
exclusive details like purchase histories, usage, buying trends, and more.
● Omni-channel consumer experience: It involves a credible registration
process that can be performed and completed on multiple devices and
establish credentials for login and authentication, which also operates on
multiple channels.
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● Added security: The evolution of 2FA/MFA (multi-factor authentication) with
features like biometrics, geo-location, facial recognition, etc. has been
offering improved levels of security. These features make it easier to detect
anomalies and unusual activities in a more fuss-free manner.
● Privacy and regulatory compliance: With the popularity of regulations like
the GDPR and CCPA catching up, data privacy has become an indispensable
part of a consumer identity management solution. So, when executives look
for one, they make sure the platform offers consumers control over their
data and retract any permission based on their preferences.
Read more about the Cyber risks for CMOs, CIOs and CISOs and how they can
overcome them using identity management here:
https://www.loginradius.com/blog/start-with-identity/2020/09/consumer-identit
y-management-cmo-ciso-cio/