The financial sector may have solved the global problem of how to authenticate the origin of a phone call, but the communications sector is not yet aware of it. Yesterday’s episode of The Communications Risk Show featured three stellar guests who explained how the solution would work in practice, how it could be extended to any business and then to people in general, and why central banks had to find a way of uniquely identifying each bank. Those guests were:
- Timothy Ruff, (pictured, bottom left), General Partner at Digital Trust Ventures and an expert in self-sovereign identities, the user-controlled and decentralized approach to digital identity management;
- Stephan Wolf (pictured, bottom center), CEO at the Global Legal Entity Identifier Foundation (GLEIF), a not-for-profit entity created by the world’s central bankers; and
- Randy Warshaw (pictured, bottom right), CEO of Provenant Inc, specialists in the authentication of electronic communications including voice calls and messages.
Regular presenters Ed Finegold, Lee Scargall and Eric Priezkalns also discussed the danger of IMSI-catchers being used for fraud following the arrest of a Malaysian citizen who drove such a device around Norway’s two largest cities. The danger is real and seemingly being imported into Europe from South East Asia, but telcos are powerless to stop it. Meanwhile, law enforcement and journalists in most countries behave as if the threat will not materialize if they choose to ignore it.
New episodes of The Communications Risk Show are broadcast every Wednesday at 4pm UK time on tv.commsrisk.com and various social media channels. Watch live to ask questions of the expert guests and the presenters. If you miss the livestream you can catch up with the recording soon after each show has ended. Yesterday’s show can also be watched below.
