SAFE WEB Act reauthorized

A bill unanimously approved by the U.S. House of Representatives on Sept. 11, 2012, reauthorizes the U.S. SAFE WEB act of 2006. The act gives the Federal Trade Commission the ability to fight cross-border fraud, spam and spyware. Reauthorization would extend the act's authority to 2020.

"Today, 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 Federal Trade Commission has the powers it needs to combat cross-border fraud, spam and spyware," said the bill's sponsor, Congresswoman Mary Bono Mack, R-Calif. "It sends an important signal to the rest of the world that online crooks – no matter where they're located – will be tracked down and prosecuted. I urge the Senate to join the House and adopt this important bipartisan legislation."

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.