Improved online and mobile security the focus of federal grants

Three million dollars in federal grants will go to four national mobile communications companies to figure out a way to get rid of passwords. The grants come from the Commerce Department’s National Strategy for Trusted Identities in Cyberspace program, or NSTIC. The goal of NSTIC is to give consumers better security options with their mobile and online transactions. Commerce hopes that funding research to get rid of passwords will eventually minimize the risk of identity theft.

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