The Commerce Dept. unveiled a plan Friday to create a national cyber-identity system that would give consumers who opt in a single secure password and identity for all their digital transactions.
The National Strategy for Trusted Identities in Cyberspace (NSTIC) will be a voluntary system designed to protect consumers from online fraud and identity theft -- which hit 8.1 million people last year, at a total cost of $27 billion. The problem: The current system of half-remembered passwords jotted down on post-it notes and based on pets and maiden names simply isn't good enough.
The "identity ecosystem" will create secure online IDs for Americans who elect to join the program, giving them a single credential -- such as a unique piece of software on a smart phone, a smart card, or a token that generates a one-time digital password -- which they can use to log on to a variety of websites.
More: http://www.foxnews.com/scitech/2011/04/15/obama-administration-unveils-internet-id-plan/
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No.
The National Strategy for Trusted Identities in Cyberspace (NSTIC) will be a voluntary system designed to protect consumers from online fraud and identity theft -- which hit 8.1 million people last year, at a total cost of $27 billion. The problem: The current system of half-remembered passwords jotted down on post-it notes and based on pets and maiden names simply isn't good enough.
The "identity ecosystem" will create secure online IDs for Americans who elect to join the program, giving them a single credential -- such as a unique piece of software on a smart phone, a smart card, or a token that generates a one-time digital password -- which they can use to log on to a variety of websites.
More: http://www.foxnews.com/scitech/2011/04/15/obama-administration-unveils-internet-id-plan/
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No.
