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US Offers $10M to Jump-Start ID Security Tech Research

US Offers $10M to Jump-Start ID Security Tech Research

To jump-start investments in identity protection, the National Institute of Standards and Technology has just offered US$10 million worth of grants to commercial companies and other organizations for research on improved identity security technologies.

The agency will sponsor a competition supporting pilot projects that feature improved systems for interoperable, trusted online credentials that go beyond simple user IDs and passwords. The competition is being managed by NIST’s office for the National Strategy for Trusted Identities in Cyberspace (NSTIC), a White House initiative to work collaboratively with the private sector, advocacy groups, public sector agencies, and others to improve the privacy, security, and convenience of online transactions.

via Tech News World, continued here.