[Clips] Schwarzenegger signs law to punish phishing

[R.A. Hettinga]

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 Date: Fri, 30 Sep 2005 23:29:12 -0400
 To: Philodox Clips List <clips at philodox.com>
 From: "R.A. Hettinga" <rah at shipwright.com>
 Subject: [Clips] Schwarzenegger signs law to punish phishing
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 <http://www.msnbc.msn.com/id/9547692/print/1/displaymode/1098/>

 MSNBC.com

 Schwarzenegger signs law to punish phishing
 California law first of its kind in the United States
 Reuters
 Updated: 9:32 p.m. ET Sept. 30, 2005


 SAN FRANCISCO - California Gov. Arnold Schwarzenegger signed a bill Friday
 making Internet "phishing" identity theft scams punishable by law.

 The bill, advanced by state Sen. Kevin Murray, is the first of its kind in
 the United States and makes "phishing" - getting people to divulge personal
 information via e-mail by representing oneself as a business without the
 approval or authority of the business - a civil violation.

 Victims may seek to recover actual damages or $500,000 for each violation,
 depending upon which is greater. Phishing often involves the use of names
 of legitimate banks, retailers and financial institutions to convince
 recipients of bogus e-mail offers to respond.

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 R. A. Hettinga <mailto: rah at ibuc.com>
 The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
 44 Farquhar Street, Boston, MA 02131 USA
 "... however it may deserve respect for its usefulness and antiquity,
 [predicting the end of the world] has not been found agreeable to
 experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
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-- 
-----------------
R. A. Hettinga <mailto: rah at ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'

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