Google, PayPal, Verizon Launch Open Identity Exchange

Open Identity Exchange was officially launched this week to aid government guidelines for Online Privacy and Security. This group has its founding members like Google, PayPal, Verizon and Equifax among many.

Open Identity Exchange (OIX) chairman Dan Thibeau says that this organization was created to show the nominal support by Private Sectors in adherence to Government policies. By this way, the Federal Government’s vision for privacy and security of individual information is on the protection line.

However the initial focus is to create lowest level of privacy security with gradual increment in the levels of security protection. The email ids of federal agencies should not be sold to any third party by any means. This is the primary goal at present. This organization seems to be in its early phase of its plans. Only time would say about their development and their guarantee on security of information online.