On Friday, the Obama Administration unveiled the final draft of its ambitious National Strategy for Trusted Identities in Cyberspace (NSTIC), which seeks to develop new and more secure systems for identity authentication online, creating new “Identity Ecosystem.” Secretary of Commerce Gary Locke as well as other officials unveiled the NSTIC (pronounced “en-stick”), which is signed by President Obama, at an event at the U.S. Chamber of Commerce.
As the NSTIC explains, on the Internet as it exists today, individuals must maintain numerous passwords for different websites which they use. This imposes risks and burdens on consumers and businesses alike. Moreover, the NSTIC describes how the absence of highly reliable authentication methods has hindered the ability of high-risk sectors like health and finance to migrate their services online.Continue Reading Obama Administration Unveils Identity Ecosystem Vision