The term "federated trust frameworks" is particularly at home in the areas of cybercrime and cybersecurity, digital society and digital transformation.
Federated trust frameworks are sets of rules that define how different organisations or companies can work together digitally in a secure and trustworthy manner. They help to ensure that sensitive data such as identities, certificates or authorisations are transferred reliably from one company to the next. The aim is to ensure that participants do not have to identify themselves individually or log in again each time, but instead rely on a common system.
Imagine a network of several banks. Each bank has its own security rules and verifies the identity of its customers. With a federated trust framework, customer data can be securely passed from one bank to the next without the customer having to provide new proof of identity. This preserves data protection and makes the process simpler and faster for all parties.
Federated trust frameworks therefore create trust in digital networks and make collaboration across company boundaries secure and efficient. In an increasingly digitalised world, this is an important building block for preventing fraud or data misuse.
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