The White House set out a sweeping strategy to make online transactions more secure on Friday. The move is the most ambitious initiative to emerge from a cybersecurity policy intended to blunt the growing menace of online crime.
Howard Schmidt, president Barack Obama’s cybersecurity co-ordinator, who took up his duties in early 2010, released the strategy paper after 12 months of discussions led by the National Security Council and involving scores of private sector groups, critical infrastructure owners and privacy advocates.
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