U.S. Commerce Secretary Gary Locke and White House Cybersecurity Coordinator Howard Schmidt announced plans to create a National Program Office to help foster an environment in which sensitive online transactions can be carried out with greater levels of trust. The announcement was made January 7th, at a forum with business and academic leaders at Stanford University. NSTIC is an Obama administration initiative aimed at establishing identity solutions and privacy-enhancing technologies that will make the online environment more secure and convenient for consumers. The national office would serve as the point of contact to bring the public and private sectors together for this challenge.
Source: https://thehackernews.com/2011/01/us-enhancing-online-security.html