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The Economic Crime Institute reaffirms membership to the NSTIC Identity Ecosystem Steering Group

On December 17, 2012, during the second Plenary meeting held in Washington, DC, members of the Identity Ecosystem Steering Group (IDESG) approved the new terms of the Membership Agreement and Intellectual Property Rights Policy for IDESG. Ray Philo, ECI Executive Director, signed the new terms of the IDESG membership agreement. Previously, on August 27, 2012, Philo became member representative of the IDESG. This allowed ECI to become a stakeholder for the Research, Development, Education and Innovation group. The IDESG is composed of private and public organizations and individuals volunteering to assist in the creation of an Identity Ecosystem, a White House initiative.

In an effort to improve security in cyberspace and e-commerce, President Obama signed the NSTIC in April 2011. The objective is to chart a course of action for public and private entities to work together to raise the level of trust associated with the identities of individuals, organizations, networks, services, and devices involved in online transactions. The U.S. Department of Commerce assisted in the implementation of the NIST by establishing a National Program Office under the direction of Jeremy Grant, Senior Executive Advisor for the Identity Management at the National Institute of Standards and Technology (NIST).

Although NSTIC was established by the government and for the first two years the IDESG will be funded by the government, the goal is for the private sector to lead the creation of the Identity Ecosystem. This system is expected to replace the use of passwords to establish a way for individuals to prove online that they are who they claim to be. Following recommendations from private sector leaders on current best practices for improving the security of online transactions in an effort to enhance privacy, the Identity Ecosystems is expected to foster economic growth by enabling industry to move more services online and create innovative new services.

Information regarding the NSTIC Identity Ecosystem Steering Group can be found at http://www.idecosystem.org/page/about-identity-ecosystem-steering-group