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, 7 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

Pokemon Go users are complaining about the crashing and server issues. Check out the tutorial to solve error problems and thanks us later.
Turning off Wi-Fi Assist is a great way to save mobile data since it automatically starts using cellular data when Wi-Fi signal is poor .
If you want to secure your SIM card from others using it, then check out this tutorial to know how to set up the SIM Pin code on your iPhone.
CiderTV is a great alternative to control Apple TV from the Notification Center. Check out this tutorial to set up CiderTV on your iPhone.
Are you annoyed by the split screen mode on the iPhone 6 Plus or 6s Plus? Check out this quick tutorial to turn off split screen feature.
If you could not wait to installed the iOS 10 beta version on you iPhone and now struggling for the errors, then this tutorial is for you.
Siri might not understand the question you asked. But you can use Siri by editing the text that you asked & it will give an updated answer.
Perhaps, you are new Apple user and you might have no idea how to change name of your iPhone. Check out this tutorial to change the name.
Check out this tutorial to lock Android phone using PIN code, Password or Pattern. Following the easy steps, you can secure your smartphone.
If you could not figure out yet, how to save and send GIF from your iPhone, then this tutorial is just for you.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook