Cons of using historical sources of truth for verification of identity data
Using historical data sources of authority for identity verification has its downsides, and organizations must be aware of these issues to establish a strong and safe identity verification procedure. The disadvantages of depending only on historical data sources are data accuracy, data privacy, security risks, possible biases, and the requirement for constant updates. To address these issues, integrating complementary techniques such as data validation, MFA, data anonymization, and frequent data audits can considerably improve the identity verification process’ dependability and trustworthiness. Let’s take a closer look:
- Data accuracy and currency:
- Con: Historical data sources may have mistakes as a result of obsolete or stale information. People’s addresses, names, and other personal information change with time, rendering previous data less dependable for proper identification...