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OMB’s New ID Policy Will Help Consumers Protect Their Identities Online
NextGov: Opening new accounts. Updating records. Paying your bills. As Americans do more and more online, our digital identities are becoming increasingly important.
Unfortunately, our current systems for verifying and protecting those identities are outdated. Adversaries have caught up with the first-generation systems that businesses and government have used for digital identity proofing and verification, leading to millions of fraud victims and billions of dollars in losses.
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