Feeds

US ID theft bill seeks redress for victims

Senators aim to tighten cybercrime law

The Power of One eBook: Top reasons to choose HP BladeSystem

Senators on both sides of the House have backed a bill that would allow American victims of identity theft to seek restitution for the money and time they waste repairing their credit histories.

Last year, an estimated 8.4 million Americans were victims of identity theft, reckoned to be one of the fastest growing types of crime. Sorting out the resulting mess after fraudsters have obtained loans or credit cards in the names of victims can take months, even years, to resolve.

The proposed Identity Theft Enforcement and Restitution Act - sponsored by Democrat Patrick Leahy of Vermont and Republican Arlen Specter of Pennsylvania - would enable federal prosecutors to seek restitution for the time and money that victims spend restoring their credit histories.

Other measures in the proposed bill would tighten up existing US cybercrime laws. The proposed legislation would make it a felony to install spyware on ten or more computers. Scams involving threats to access confidential data on a prospective mark's PC would also become illegal, and a requirement that damages in excess of $5,000 must occur before felony prosecutions are initiated will be lifted.

More detail on the bill, tabled before the Senate on Tuesday, can be found in a press release from Senator Leahy here. ®

The Power of One eBook: Top reasons to choose HP BladeSystem

More from The Register

next story
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Mozilla fixes CRITICAL security holes in Firefox, urges v31 upgrade
Misc memory hazards 'could be exploited' - and guess what, one's a Javascript vuln
BMW's ConnectedDrive falls over, bosses blame upgrade snafu
Traffic flows up 20% as motorway middle lanes miraculously unclog
LibreSSL RNG bug fix: What's all the forking fuss about, ask devs
Blow to bit-spitter 'tis but a flesh wound, claim team
Manic malware Mayhem spreads through Linux, FreeBSD web servers
And how Google could cripple infection rate in a second
Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network
'Prevent people that are passing by to hook up to your network', pleads plod
Don't look, Snowden: Security biz chases Tails with zero-day flaws alert
Exodus vows not to sell secrets of whistleblower's favorite OS
Researcher sat on critical IE bugs for THREE YEARS
VUPEN waited for Pwn2Own cash while IE's sandbox leaked
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.