Presidential Cyber Security Plan Includes Identity Management

  • Security

This week President Obama took action towards his national effort to make cyber security a more pressing issue. He called a meeting with some of our nations largest companies to discuss how increasing cyber threats are affecting our economy and country as a whole. Obama and the CEOs of these major companies covered everything from how we can improve cyber security to what to do in times of a threat. One of the more interesting learnings that was established was the concept of its ok to admit to a problem. Many parties involved in this meeting agreed that it was long over due. This is a huge step as a country toward bettering and increasing our online security for citizens and businesses. Assessing the risks is just as important as recognizing there are risks. After many years of wishing away the issue of cyber security, were finally admitting and addressing it. President Obama has always supported the idea of focusing on cyber security and as some may remember, in 2009 he issued a 10-point cyber security action plan.

In this 10-point plan, the president refers to our digital infrastructure as a national asset which it is. Companies should follow this thinking to analyze their current business models. If the nation treats online security as a priority, businesses will follow. A strong fraud prevention strategy is needed in order for companies to follow this national undertaking. This plan also specifically addresses identity management. Identity verification and authentication are at the root of all fraud prevention measures. If an unidentified person and/source can be detected earlier on, it can prevent further damage and entrance. Detection is often the first step to prevention. Third party providers and security companies will need to invest in their solutions more than ever as companies come to them for services and education. As this national effort comes to fruition, business models will change and hopefully so will our habits as consumers.

[Contributed by EVS Marketing]