Friday, August 1, 2008

U.S. Senate OKs revamped identity theft legislation

Sorry for the lack of posts but I was out of town again and will be leaving again tomorrow. I hope to post while on the road this time.


Senate OKs revamped identity theft legislation
Dan Kaplin

An amended bill that would impose harsher restrictions on cyberattacks and allow identity theft victims to recoup costs in federal court passed the Senate on Wednesday.

The legislation, known as the Identity Theft Enforcement and Restitution Act, is included in a U.S. House-approved bill that states that former vice presidents would receive U.S. Secret Service protection. The combined bill will now return to the House for consideration.

..This bill allows ID theft victims to recoup costs associated with the loss of time and money spent restoring their credit standing...

...The bill also would make it a felony to use spyware or keyloggers to damage 10 or more computers, regardless of the amount of destruction caused...

..Under the proposed law, the definition of cybercrime also would be expanded to include cyberextortion cases, where malware is removed or DDoS attacks halted in return for a ransom..
(Full text at www.scmagazineus.com)




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