Re: Bill requiring ISPs to block fraudulent sites

[Alex Lanstein <ALanstein () FireEye com>]

> > > transmits, ***routes***, provides connections for, or stores any material
> > > containing any misrepresentation (of the SIPC) shall be liable for any
> > > damages caused thereby

Leaving the ridiculousness of this bill aside, that's a hell of a burden for backbone providers.

Alex

________________________________________
From: funsec-bounces () linuxbox org [funsec-bounces () linuxbox org] On Behalf Of Paul Ferguson [fergdawgster () gmail 
com]
Sent: Wednesday, November 04, 2009 9:28 PM
To: funsec
Subject: [funsec] Bill requiring ISPs to block fraudulent sites

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Forwarded from a friend.

http://news.cnet.com/8301-13578_3-10390779-38.html

[snip]

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 qualify for its protection.

[snip]

FYI,

- - ferg

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--
"Fergie", a.k.a. Paul Ferguson
 Engineering Architecture for the Internet
 fergdawgster(at)gmail.com
 ferg's tech blog: http://fergdawg.blogspot.com/
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