Jessica Morrison, VP Product & Industry Marketing, ForgeRock
1. Tell me more about ForgeRock and the cool things that are going on with you?
A lot of cool things are going on at ForgeRock right now. We recently received $88M in Series D funding, led by Accel Partners and new investor KKR. ForgeRock plans to use much of the funding for continued product research and development to spur operations for a targeted 2019 IPO.
ForgeRock is the leader in digital identity management, and is transforming how businesses build trusted relationships with people, services, and things. Organizations adopt the ForgeRock Identity Platform™ as their digital identity system of record to monetize customer relationships, address regulations for privacy and consent (GDPR, HIPAA, PSD2, Open Banking, etc), and leverage the internet of things. ForgeRock serves hundreds of brands globally, including Morningstar, Vodafone, GEICO, Toyota, TomTom, and Pearson, as well as governments like Norway, Canada, and Belgium, securing billions of identities worldwide.
2. What are some of the biggest questions and opportunities in digital identity and authentication today?
Over the next four years, analysts project the number of connected devices to triple. With this explosion in the Internet of Things comes an expansion in organization's threat surfaces that needs protecting, but along with that, a massive opportunity to create contextual relationships among these devices to create better consumer and citizen experiences.
Perhaps the most immediate challenge / opportunity in digital identity today is the European Union’s General Data Protection Regulation (GDPR) legislation, which comes into effect in May, 2018. The legislation is E.U.-specific, but its reach will be truly global. When the GDPR goes into effect any business that deals with EU citizens will be subject to its provisions. GDPR essentially gives EU citizens control over their personal data, even as it is stored and managed in private third party systems. The law gives individuals the right to see what data is held, to access it, to correct it, to take it elsewhere, and ultimately to delete it. With penalties for violations potentially rising into the multi-millions range, companies of all stripes need to take GDPR very seriously.
3. What is ForgeRock doing to address the questions and opportunities from question 2?
ForgeRock has announced the debut of the Privacy and Profile Management Dashboard as part of the ForgeRock Identity Platform 5.5, the latest release of its award-winning flagship offering. The new Privacy and Profile Management Dashboard enables ForgeRock customers to easily bring their online products and services into compliance with the GDPR, provide individual consumers with unprecedented control over their personal data, and position themselves to aggressively compete in the emerging regulatory environment. When deployed by banks, retailers, or any organization that handles sensitive personal data, the dashboard enables consumers to manage all of their profile and privacy settings in one place, from their personal info, their preferences, devices, apps, privacy and consent options, their sharing preferences, activity data and account controls. This feature set supports key GDPR requirements including: the right to be informed, the right of access, the right of rectification, the right of erasure or the right to be forgotten – all from within a convenient, centralized dashboard. Just as importantly, the dashboard’s API-first model, flexible customization capabilities, and fine-grained data sharing features distinguish it as the identity market’s only complete offering for managing users, devices, things.
What Attendees are saying
“The only conference in Canada where one can meet the who’s who of knowledgeable people and champions of digital identity to discuss the real issues and opportunities in this space.” Dave Nikolejsin, Deputy Minister of Energy and Mines at Government of British Columbia
“A fantastic platform bringing together Canadian thought leaders and key industry experts to promote innovation in digital identity and authentication.” Mike Vanderkaden, VP Corporate Development, Equifax Canada