via EE Times

The Obama Administration is setting up a new office to accelerate work on secure online authentication. U.S. Commerce Secretary Gary Locke announced the move at an event where a cross section of Silicon Valley leaders rallied around a government initiative to raise barriers around a rising tide of electronic fraud and threats of cyber-terrorism.

President Obama is expected to sign off later this year on a new policy for how to address the need for greater online security. A draft statement has been publically available since July, and Commerce officials are close to hiring the first staff to manage the office that will oversee its implementation.

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