website statistics

President Obama has signed the 'Safe Web Act' which allows the Federal Trade Commission to tackle online scams more effectively through cross-border collaborations.
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...

Online scams are nothing new. They are nearly as old as the internet itself. Most of us have grown intelligent to most scams that are pedaled on the web but many still fall for the old tricks. To legally tackle the culprits behind online scams, President Obama has now signed a bill which would let FTC deal with them more effectively.


Online scams

The bill is titled ‘Safe Web Act’ and is not really new. It was passed by Congress back in 2006 but was due to expire soon. However, now that the President has plastered his approval across it, the bill stays valid until the year 2020.

The bill essentially empowers Federal Trade Commission (FTC) to extend its anti-scam activities across the border. In most cases, it means sharing information with authorities in other countries to help them notify about the potential scams.

Cross-border scam cases are very significant for FTC since a significant majority of internet scams emanate from a few well-known regions. Within its former jurisdiction, FTC could do little to put a permanent stop to a scam-scheme, even if it got to know about it. With the cross-border information sharing, the agency is in a far better position to persuade its counterparts in other countries to take action and bring the culprits to justice.

According to outgoing Californian Republican Rep. Mary Bono Mack, “This is a win-win. It’s good for American consumers. It’s good for the future of e-commerce. And it’s the right thing to do for our nation and our friends around the world. “With nearly 1.5 billion credit cards in use in the United States, nearly everyone in America has a stake in making certain that the FTC has the powers it needs to fight online fraud.”

Courtesy: The Hill

Buy Cheapest Related Product From Amazon.com


Nokia Unveils 3.8-Inch Nokia Lumia 620 Priced At $249

A Magnetic Ring Equipped Calender From South Korea
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On December 5, 2012(3 years, 5 months ago.)

You May Also Like:

What Do You Think?

Leave a Reply




Loading Facebook Comments ...

FTC Disclosure: Some of the links of this website are "affiliate links." This means if you click on the link and purchase the item, we will receive an affiliate commission.


Recent Search

Recent Tutorials

Check out how to teach Siri about nicknames and relationships of the important people in your life in order to make your life easier.
Has your iPhone suddenly turned black & white? Check out this tutorial to know possible reasons & how to fix iPhone screen with few taps.
Check out this tutorial to download FREE movies and TV Shows streaming Showbox app and install it on your Android smartphone or tablet.
Parental Controls allows you to put restrictions on apps or content that can or can not be used by anyone else on your Apple iPhone or iPad.
If you want to print from iPhone without using any computer, check this out to connect and print wirelessly right from the Apple device.
Using Siri, anyone can bypass the Passcode even if iPhone or iPad is locked. Check out this to know how you can disable Siri on lock screen.
Floatify will let you quick reply to the messages or emails through notification bar using your Android Lollipop or Marshmallow.
If you do not know to do face swap, check out this tutorial to learn how the new Snapchat face swapping feature actually works.
Facebook has released the Live video streaming feature and we will show you how to go live using the Facebook app for Android or Apple.
Apple has added some new features along with the releasing of iOS 9.3. Now you can secure your iPhone Notes app with password protection.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook