EIC 2024 Blog

As eIDAS2 prepares to go live, its implications extend far beyond the borders of the European Union, setting a new global standard for digital identity management.

As we gear up for EIC 2024, it is time to reflect on impactful trends from the previous year's European Identity and Cloud Conference and look ahead to foresee the major trends likely to shape this year's event.

In the ever-evolving landscape of cybersecurity, Identity and Access Management (IAM) stands as the cornerstone of enterprise security strategies. As security and IT professionals, our focus continually shifts to adapt to the latest innovations designed to fortify our defenses.

The European Identity and Cloud Conference 2024 is approaching. Only three more months until EIC 2024 launches in Berlin, June 4th to June 7th.

The last twenty years have seen a massive explosion in the amount of data that can be collected, stored, and processed. Digital technology and the internet have made this possible and cloud services have made this affordable. Data analytics, Machine Learning and AI, in turn, have made this data extremely valuable. Data is the new capital.

Standfirst: Identity Management plays a crucial role in addressing IoT, IIoT, and IoMT challenges. Avoid the pitfalls by following some key security best practices.

We cannot deny the fact that Generative AI is a game-changer in almost every industry, including cybersecurity. And yet it is critical for everyone to understand that GenAI does not do magic. It is just another tool - an extremely sophisticated, sometimes quite delicate, and very expensive one...

In an era dominated by rapid digital transformation, the significance of decentralized identity cannot be overstated. As we navigate a landscape where privacy, security, and user control take center stage, decentralized identity emerges as a pivotal solution to these evolving challenges.

Decentralized Identity, which is part of the broader theme of Digital IDs (aka Digital Identity) is one of the main themes of EIC 2024. Digital IDs are not just elements of Identity and Access Management (IAM). It is something much bigger. They relate to IAM, but in cross-organizational use (decentralized, reusable) and supply approaches that enable and leverage business models.

In today's increasingly interconnected world, digital identity has emerged as a critical component of our daily lives. From accessing online services to conducting financial transactions, our digital identities serve as the gatekeepers to our personal information and enablers of our digital interactions. However, the rapid evolution of digital identity technologies and the ever-growing reliance on these systems underscores the importance of sound regulation and policies.

The European landscape is witnessing significant developments in the field of digital identity, especially with the progress of eIDAS 2.0 and the EU Digital Identity Wallet (EUDI Wallet). However, their intricacies are often muddled, resulting in misconceptions and uncertainties surrounding their diverse roles and applications.

Why a digital “wallet” populated with digital credentials that are shared in both digital and physical ways is a game changer for individuals and organizations.

At the 2023 European Identity and Cloud Conference, KuppingerCole held a workshop entitled “Building the Roadmap for Your Future IAM”. You can now watch this workshop for free.

Identity management is integral to financial services for various reasons. Robust systems enhance security by verifying and authenticating user identities, employing methods like multi-factor authentication and biometrics to prevent unauthorized access and reduce fraud.