"The Obama administration is set to propose a new system for authenticating people, organizations and infrastructure on the Web. The online authentication and identity management system would be targeted at the transactional level -- for example, when someone logs into their banking website or completes an online e-commerce purchase.
Making such a system effective, however, will require creating an 'identity ecosystem,' backed by extensive public/private cooperation, said White House cybersecurity coordinator Howard Schmidt, delivering the opening keynote speech at the Symantec Government Symposium 2010 in Washington on Tuesday."
