iamdentity FAQ
How does IAMDENTITY prevent web-based identity theft?
IAMDENTITY enables {on-line triangular authentication} (OTA), which means that for every on-line transaction, the vendor, consumer and transaction is authenticated within a multi-party authorisation. This process requires real-time involvement of authorised parties, which mean that it is not possible for a fraudster to transact under your name.
I have already registered with many on-line sites. How is it possible for me to get control back of my personal data?
Once you have your IAMDENTITY number, you simply stop using your old logon details when using the internet, since this will prevent you to use OTA security. Where the site you use do not offer IAMDENTITY secure login, you can use the "Insist on IAMDENTITY" service to inform the vendor that they do not present you with the level of security required for you to do business with them. This service includes a follow-up we do on your behalf to secure your data at the vendor to ensure no-one else can use the account in the vendor's Insecure Transaction Zone.
Is IAMDENTITY the same as services offered by some card companies?
No, IAMDENTITY is not the same as services like Verified by Visa and Mastercard SecureCode. We protect the user BEFORE they start shopping, not just at payment. With IAMDENTITY you only need to remember ONE set of login credentials and you will instantly be notified if someone uses your credentials.
What is the "Insecure Transaction Zone"?
The Insecure Transaction Zone refer to all on-line transactions occurring outside the OTA security system, meaning that you only have a one-way authentication without authorisation when doing shopping on-line.
Personal Data currently in the Insecure Transaction Zone, does that make me more vulnerable for IDENTITY Theft?
Unfortunately yes. However, as more and more information will migrate from the Insecure Transaction Zone to the OTA security system, security issues related to the unprotected information will become a non-issue. When shopping using your IAMDENTITY number, it does not matter if your personal data gets into the hands of fraudsters, since the OTA system will not allow a fraudster to authorise a transaction, while you will immediately be informed if someone attempted to use your identity.
What is a global IAMDENTITY number?
Your global IAMDENTITY number is a unique number, protected by our specialised {multi-layer encryption technology}, which you use when identifying yourself on-line. This number replace current logon id's and passwords you use and make it possible for you to manage your identity security and personal data access from a single entry point.
How can I ensure maximum protection of my IAMDENTITY?
Our {Multi-layer encryption technology} has an embedded rule-engine that ensures frequent changes to the encryption layers. This includes {personalised encryption objects}, similar to passwords, PIN numbers and security numbers, only known to the IAMDENTITY number holder and will require of you to change these objects based on specific events. You will also have the option to initiate the change of these objects at any time for added security.
What is "Insist on IAMDENTITY"?
Insist on IAMDENTITY is a service we provide to ensure all your favourite on-line vendors support the OTA security system and move your personal data from the Insecure Transaction Zone to the OTA-security system.
How does the Central Identity Administration work?
The Central Identity Administration service enables you to change your encryption rules, as well as your personalised encryption objects. In addition to this, this allow you to change personal information at a central place and select which vendors need to be inform of the changes. From here you can also terminate relationships with vendors, if you no longer which to use their services and ensure that no further purchases can be made at those vendors.