Technology Leaders Favor Online ID Card Over Passwords
Thursday, June 26. 2008
SAN FRANCISCO — Microsoft, Google and PayPal, a unit of eBay, are among the founders of an industry organization that hopes to solve the problem of password overload among computer users.
The Information Card Foundation is an effort to create a single industrywide approach to managing identity online that promises to reduce drastically the use of passwords and create a system that is less vulnerable to fraud.
“There is such a market requirement to solve this problem,” said Paul Trevithick, chairman of the new group and chief executive of Parity, an identity-protection technology company in Needham, Mass., that is developing what it calls an i-card. The foundation, which also includes Equifax, Novell, Oracle and nine industry analysts and technology leaders, will try to set open standards for the technology industry.
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