Identity plays a critical role not just in cybersecurity but in many other professions. Here are two key comparisons that highlight the importance of knowing who in critical decision-making:
Healthcare: Knowing Who Is Key to Providing the Right Treatment
In healthcare, identity is everything. Before prescribing treatment or conducting surgery, healthcare professionals must know exactly who the patient is. A wrong diagnosis, mistaken identity, or an incorrect medical record can lead to disastrous outcomes—just like how a compromised identity in cybersecurity can lead to data breaches or unauthorized access to critical systems.
Much like how healthcare providers verify patient identity to ensure the right treatment is given, cybersecurity teams need to validate who is accessing systems to provide the right level of security response. A mismatch in healthcare can lead to patient harm, while a failure to recognize malicious identities in cybersecurity can result in catastrophic data loss or financial damage.
Banking: Identity is the Basis for Financial Transactions
In the world of finance, who is behind a transaction matters most. Banks and financial institutions rely on verifying customer identities before approving high-value transactions. If an imposter successfully assumes someone else’s identity, they could drain accounts, steal personal information, or commit fraud – all seen too often.
Similarly, in cybersecurity, knowing who is behind access requests helps prevent unauthorized users from exploiting stolen credentials or social engineering attacks. Just like banks require multi-factor authentication and other identity checks to verify the legitimacy of a transaction, businesses must use robust identity verification methods, such as multi-factor authentication (MFA) and role-based access control (RBAC), to ensure that only the right people have access to sensitive data.