Cyber Security: Obama Supports NIST Trusted Identities Project
Legislative gridlock and wrangling is nothing new, but one of the projects currently caught in a tug-of-war between Congress and the Executive Branch is an initiative known as the National Strategy for Trusted Identities in Cyberspace (NSTIC). Funding in excess of $24 million, originally intended to help the National Institute of Standards and Technology (NIST) create an online system of trusted credentials to aid in the authentication of online identies during web transacations, is now in doubt.
At this time, President Obama is threatening to veto the House of Representative bill funding the NIST, not because he wishes to eliminate or weaken NIST, but because the bill should include funding for the Trusted Identities project - and has failed to do so.
In 2012, the Trusted Identities project had been funded in excess of $16 million, but at this point, there is no further funding devoted to it. The parallel bill currently making its way through the Senate does provide resources for the Trusted Identities initiative.
The Obama Administration released a statement referring to the project as "identity management solutions that will protect individuals, businesses and agencies from cybercrimes."
Small businesses that could benefit from a Trusted Identities system often lack the resources to keep track of pending legislation. The easiest way for them to stay up to date is to establish working relationships with IT consultants who make it their business to stay current with such events.