The Challenge
Identity management is an evolving, multidimensional and complex field. Identity management functions are distributed and interdependent which require specialization and coordination of professionals in many parts of the organization to properly manage all identity risks. As such, identity management within large organizations remains a top priority for most executives according to past and recent statistics; however, technology alone can not solve all identity and access management problems.
Globalization of commerce, the Internet and outsourcing of services continue to increase the supply and demand of information thus exposing businesses and consumers to additional risks with devastating consequences including identity theft and related fraud. In addition, the continued introduction of new and overlapping laws in the areas of information security, privacy, and identity theft prevention, as well as the lack of adequate risk awareness and education on the part of consumers, employees and businesses have introduced new identity management challenges as well as career and business opportunities.
Identity theft prevention and detection are some of the major identity management challenges affecting millions of customers and costing billions of dollars in fraud costs. The increase in identity theft cases have led to increased regulations such as the Red Flags Rule which requires many companies to develop and implement effective identity theft prevention programs.
Career
Any business which handles internal or external identities for identification and authorization purposes must employ knowledgeable professionals with adequate identity risk management skills to design and implement programs and processes for managing business and customer information. Most recently, new identity management careers are introduced in the areas of identity theft prevention and regulatory compliance within organizations where the risk of identity theft is heightened due to their business nature. Increasingly, new skill sets are required to combat identity theft and ensure Red Flag Compliance. Professionals interested in specializing in identity theft prevention and compliance should consider becoming a Certified Red Flag Specialist (CRFS).
Whether you are an experienced business and identity risk manager, a professional serving consumers, or looking to expand your career into a specialized area such as identity theft management, you can join Identity Management Institute (IMI) and become certified in your field of interest to gain the edge that you need to effectively compete in the marketplace and help others. Learn about IMI certification programs.