Internet ID Under Obama: Will Theft Statistics Improve?

A few days ago it was announced that the Obama administration wanted to help make a number of improvements for when it comes to the Internet, and wanted to launch a new ID system. It is hoped that this would help reduce the risk of fraud on the Internet, which has now become a big issue for not only the U.S. government, but also other governments around the world.

Having one main Internet identity is something that will take a while to implement, and according to James Sterngold from Business Week will just be a voluntary service and will be maintained not by any government department, but by private companies instead.

A number of high profile companies have already offered their support for the new Internet ID service, such as Verizon, AT&T, PayPal and others. The idea of being able to sign into one place and then access a number of other services that you have joined, such as banking, or even online shopping raises a number of questions.

It is all very well and good not having to remember a huge number of login and password details and be able to access a number of services with just one main login — but could this not make it easier for a thief, as they will gain access to all your details from just one place?

CNET News has been talking to Commerce Secretary Gary Locke and believes that there are still a number of privacy concerns with such a system, but would you agree with that assessment?

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Written by Peter Chubb

Peter has been writing on Product-Reviews since 2007 and in that time much has changed for him, like his hair having more grey than brown now. He loves gadgets and cars, and gets excited when big events come up, such as CES and the big auto shows.

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He started out working in a factory and dreamed of the day when he could become his own boss; That happened back in 2002 and he has never looked back since. Things have changed so much on the Internet in that time, but he has adapted well.

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