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1998-2007 — Max Butler — Max Butler hacks U.S. In 2007, he is arrested and eventually pleads guilty to wire fraud, stealing millions of credit card numbers and around $86 million of fraudulent purchases. 2015 — Anthem — Anthem reports theft of personal information on up to 78.8 retailer (Polo Ralph Lauren).
Since the 1970s, Public Key Infrastructure (PKI) has offered encryption , authentication, bootstrapping, and digital signatures to secure digital communications. As encryption methods go, AES-128 and RSA-2048 are vulnerable to quantum attacks. Securing edge devices with identity authentication. Next-Generation Cryptography.
SSI postulates protection of privacy via a secure and trustworthy identity management framework, and enacts a digital passport to authenticate one's identity using own credentials. Consequently, it minimizes the risk of individual identitytheft by hackers.
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