Happy 2023 Identity Management Day!
It’s the third year of this event, created to raise awareness about the importance of protecting your digital identity!
Did you know, according to a report by the Identity Defined Security Alliance, while 95% of web agency respondents believe ID management to be really important, only 38% of them have actually implemented an identity management solution [1]?
With the risk of our personal information being stolen or shared with third parties without our permission at a peak, ID management is not just important, it has now become a necessity.
The Risks of Not Protecting Online Identity
According to a report by Statista, approximately 15 million records were exposed in data breaches worldwide during the third quarter of 2022. [2] These breaches can lead to financial loss, reputational damage, and even physical harm.
Identity management is fraught with danger due to online attacks, particularly credential stuffing. When hackers obtain weak login credentials or accounts with insecure Web2 software, they can exploit vulnerabilities to gain unauthorized access to personal information. This can result in data breaches with far-reaching consequences. In addition, attackers can use stolen identities to commit fraud, such as applying for loans or opening false bank accounts.
Another risk is the misuse of personal data by third parties. Even if companies have legitimate reasons for collecting data, they may not always use it in ethical or transparent ways. Data brokers and other third-party vendors can also use personal information to target individuals with unwanted ads or sell it to other companies for profit.
The Importance of Identity Management
To ensure that businesses have a legal basis for processing personal data, the General Data Protection Regulation (GDPR) was enacted. For advertising purposes, companies require users to give their consent or "opt-in" to the use of personal data. Unfortunately, some companies still share your data with third parties without our explicit consent, which is against the law.
Google and Meta (formerly Facebook) are two of the world's largest tech companies, and they have been scrutinized for their data handling practices under GDPR. Both companies have been investigated by various EU data protection authorities.
Google was fined 150 million euros in January 2022 by the French data protection authority, CNIL, for violating GDPR rules on advertising personalization. The CNIL found that Google's advertising system did not provide enough transparency or user control over the use of personal data for advertising purposes. [3]
Meta has also faced multiple GDPR investigations and fines. The Irish Data Protection Commission (DPC) fined Meta over $400 million in January 2023 for violating GDPR rules on data protection and user rights. The DPC determined that Meta did not adequately protect user data, including sensitive personal information, from unauthorized access by third parties. [4]
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Register now to secure your online identity |
AesirX Shield of Privacy: The Decentralized Identity Management Solution
, we understand the importance of keeping digital identities safe, which is why we created AesirX Shield of Privacy. It's a decentralized identity management solution that lets users take control of their data and prevent illegal tracking and data abuse.
AesirX Shield of Privacy is GDPR compliant and built with unique privacy-enhancing technologies like Concordium technology, AesirX SSO (single sign-on), and 1st-party AesirX Analytics. This combination ensures that users' privacy is protected while still giving businesses the information they need to make informed decisions (but not personal data).
- Protected decentralized identity
Create & manage your own digital identity, stored on a decentralized network for a more secure & private identity solution.
- Secure your online user ID
Get your chosen ID by signing up early. When you register your unique ID, it stops anyone else from getting the ID you want.
- Web2 & Web3 log-in options
Compatible with a wide range of applications across different Web2 & Web3 networks, enabling seamless & easy access to various services.
- User control
Get full control over your personal data, allowing you to choose what information to share and with whom.
- Convenience
Simplifies the sign-up process for different apps, eliminating the need for multiple accounts and passwords & saving you time & effort.
- Access exclusive benefits
Benefits and rewards to early adopters, including early access to new features & other incentives like the Share2Earn & affiliate programs.
Celebrate Identity Management Day with AesirX Shield of Privacy
Protecting your identity on the internet is now more important than ever. AesirX Shield of Privacy offers such a solution.
As we celebrate the third Identity Management Day, we'd like to invite you to register for AesirX Shield of Privacy and discover our unique features.
By participating, you can earn a share of 625,000 $AESIRX tokens by telling your friends about AesirX and encouraging others to join.
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Register for AesirX Shield of Privacy today to protect your digital identity and make the internet a more secure place. |
This program not only gives you the opportunity to take control of your digital identity, but it also gives you the chance to receive many exciting rewards. With your help, we can raise awareness about the importance of identity management and reward you for your efforts.
Register with AesirX Shield of Privacy and join the Share2Earn program today. We can work together to make the digital world safer and more secure.
If you’ve successfully signed up for AesirX Shield of Privacy, you can now earn more tokens by referring friends. For more information about AesirX Shield of Privacy Share2Earn program, visit
AesirX Shield of Privacy Share2Earn with a total of 625K $AESIRX Rewards
References
[2] Data records breached worldwide 2022.
[4] Meta fined over $400 million by top EU regulator for forcing users to accept targeted ads.
