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Congress may require ISPs to block fraud sites

Declan McCullagh | November 4, 2009 12:14 PM PST

Summary

a U.S. House of Representatives bill is taking the unusual step of requiring Internet providers to block access to certain online financial scams - or face fines and federal court injunctions.
For the last decade or so, Internet service providers have been dealing with requests to block access to pornographic or copyright-infringing Web sites, or in China, ones that dare to criticize the government.

Now a U.S. House of Representatives bill is taking the unusual step of requiring Internet providers to block access to online financial scams that fraudulently invoke the Securities Investor Protection Corporation--or face fines and federal court injunctions.

The House Financial Services Committee approved the legislation on Wednesday by a 41 to 28 vote.

If you've never heard of the SIPC, you're not alone. It's a government-linked entity that aids investors when funds are missing from their accounts, up to a limit of $500,000 for stocks, bonds, and mutual funds. Only investor accounts that investors have opened with members of the SIPC.

For more, read "Congress may require ISPs to block fraud sites" from CNET News.

Talkback Most Recent of 11 Talkback(s)

  • Congress may require ISPs to block fraud sites
    It`s About Time!they should block and prosecute
    those sites that send and try to install
    virus/spyware throught peoples computers.they
    should loose their internet connection right
    way,and have their name/info somewhere in a
    database, that a ISP can check before they can
    sign up for a internet service.DOING that i`m sure
    the internet will be a much safer Place.
    ZDNet Gravatar
    TheCableGuyNY
    4th Nov 2009
  • Does it mean ...
    access to websites of White House, Treasury, Federal Reserve will be banned? That's where the most financial fraud comes from?
    ZDNet Gravatar
    LBiege
    4th Nov 2009
  • RE: Congress may require ISPs to block fraud sites
    That's rediculous to require ISPs to perform such task. What's next? Requiring your phone companies to block all telemarketing calls. Or requiring auto manufacturers to stop auto accidents.

    If that's simple to do, why doesn't the government (FBI, Homeland Security, etc) stop them.
    ZDNet Gravatar
    leskchan
    4th Nov 2009
  • Be careful of what you ask
    You REALLY want your government to have direct control over what sites you're allowed to visit???? I certainly don't.


    ZDNet Gravatar
    de-void-21165590650301806002836337787023
    4th Nov 2009
  • Be careful of what you ask
    why not? if is a website that is going to harm ur computer (virus,Spyware) and it`s going to steal ur indentity?? u want those people free??
    ZDNet Gravatar
    TheCableGuyNY
    4th Nov 2009
    • Flagged
  • Yes, you WANT IT.
    Exist two option:
    -personally deal with fraudulent sites.

    -or to give the decision to the government to decide which site is illegal and which is not?



    ZDNet Gravatar
    magallanes
    9th Nov 2009
  • RE: Congress may require ISPs to block fraud sites
    Because it`s EASIER for The ISPs to filter and block any INFORMATION GETTING in or Out in THEIR Network.Then they have to do is to FOWARD that info to Law Inforcement.It`s time to Put all those VIRUS WRITERS AND DOES SPAMMERS IN JAIL.
    ZDNet Gravatar
    TheCableGuyNY
    4th Nov 2009
  • Great...
    Another guy who does not know how a computer works... mutch less how internet works, want to implement something that is the equivalent of the following equation:

    1 = 2.
    ZDNet Gravatar
    Ceridan
    4th Nov 2009
  • Great...
    and u know????
    ZDNet Gravatar
    TheCableGuyNY
    4th Nov 2009
  • Next comes the U.S. mail
    Sure, we all want to be safe from fraud. But what price safety? The answer, of course is censorship.

    Congress is putting its foot in the water to see how far it can commandeer our sources. Eventually it will get to other media. Want the Postal Service to open each letter in a search for fraud? Or how about these characters who telemarket all kinds of fraudulent garbage. A simple tap on your phone line would eliminate them.

    So how much are you willing to give up in order to be "safe"? Police state, anyone?
    ZDNet Gravatar
    nikacat
    5th Nov 2009
  • RE: Congress may require ISPs to block fraud sites
    It would be nice to a certain degree, especially the misdirect links!
    ZDNet Gravatar
    spinnoutguy
    5th Nov 2009

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