"Because in Cyberspace, no one can hear you scream."
Wednesday, March 02, 2005
[Media Source*] (Hat Tip: Yahoo News)
A senior Senate Democrat on Tuesday introduced legislation to impose tough penalties against persons convicted of launching "phishing" scams -- a form of online fraud in which criminals use deception to trick computer users into giving up their personal and financial information.
It good to see that action is being taken against Phising by the Senate and seeing the Democrats become productive as I was tired of them whining about their losses and how ugly they think the President is. But anyway the bill looks pretty good and hopefully they can pass it through both houses.
The bill doesn't just fight Phishing though.
The [Sen. Patrick J.] Leahy bill also would apply its penalties to a form of phishing sometimes called "pharming," which involves using computer programming tricks to redirect Internet users from a legitimate site to a counterfeit version operated by criminals.
This is a good thing as Phishing attacks have increased about 42% in January with 12,800 new reports last month (Yahoo News). A person convicted can be fined up to $250,000 and spend five years in prison. Unfortunately though a majority of these attacks occur overseas so international cooperation is a must if efforts to fight this are going to succeed.
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By Darnell Clayton â¢ 5:24 PM â¢ Email Post â¢ â¢
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