The Security Event Token (SET) specification is now RFC 8417. The abstract describes the specification as:
This specification defines the Security Event Token (SET) data structure. A SET describes statements of fact from the perspective of an issuer about a subject. These statements of fact represent an event that occurred directly to or about a security subject, for example, a statement about the issuance or revocation of a token on behalf of a subject. This specification is intended to enable representing security- and identity-related events. A SET is a JSON Web Token (JWT), which can be optionally signed and/or encrypted. SETs can be distributed via protocols such as HTTP.
SETs are already in use to represent OpenID Connect Back-Channel Logout tokens and to represent Risk and Incident Sharing and Coordination (RISC) events. Thanks to my co-editors, members of the IETF ID Events mailing list, and members of the IETF Security working group for making this standard a reality!