Governments to combat cybercrime
Date: April 25, 2007Source: virusbtn.com
With profits from fraud using privileged personal data stolen via phishing or spyware rocketing and making the development of malware an ever more lucrative business, governments worldwide are beginning to take more concerted action to combat the problem.
In the US, the 'SPY ACT' anti-spyware legislation put forward in 2004 continues its slow crawl through the approval process, and is already picking up criticism for loopholes and a lack for comprehensive coverage. Now a multi-agency task force on identity theft has issued a briefing document offering schemes and strategies to battle the growing problem of personal data, stolen via physical as well as electronic means and used to defraud individuals of funds directly or to set up false identities for other fraudulent purposes.
The strategic plan proposes methods for safeguarding data from exposure, including legislation and guidelines for government and private institutions regarding the use and dissemination of sensitive private data, controls to prevent the misuse of stolen data, support and reporting channels for victims of fraud, and more effective detection and punishment methods for the perpetrators of fraud and identity theft. The full report, including in-depth analysis of the problems faced and detailed lists of strategic recommenations, can be found (in PDF format) here.
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