As our daily interactions and transactions have become increasingly “wired,” we have yet to see any truly comprehensive attempts at securing online identities.
Our complex system of usernames and passwords is astoundingly outdated and increasingly prone to security breaches and theft. Yet, so far it has been mostly up to the individual to protect himself against various forms of identity fraud—with larger corporations taking relatively little responsibility.
But this could change in a big way. Right now the federal government is proposing a new system being referred to as the “Identity Ecosystem”—which was highlighted in the recently-released draft paper, “National Strategy for Trusted Identities in Cyberspace” [NSTIC].
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http://www.foxbusiness.com/personal-...nts-online-id/