Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Pennsylvania Senate passes anti-phish measure
HARRISBURG, Pa. (11/21/07)--A bill that would help consumers and financial institutions in the battle against identity theft by making phishing illegal in Pennsylvania was unanimously passed Monday by the state Senate. Written by State Sen. Jake Corman (R-34), the legislation, SB390, would make it a felony to phish personal information. The bill would carry a fine of $10,000 for each violation, with the ability to collect damages up to three times the actual amount (Life Is A Highway Nov. 20). The bill--which gives the state attorney general sole jurisdiction to prosecute violations-- also stipulates that if an Internet user provides personal information, the individual who solicits the information could be charged with a third-degree felony. A phisher selling or distributing the information could be charged with a second-degree felony. The legislation also affords Internet service providers and other website owners with recourse to pursue civil relief, if their business is misrepresented by a phishser. Credit unions and other financial institutions are often the targets of phish attempts. The legislation now goes to the state House of Representatives for consideration.
Other Resources

RSS print
News Now LiveWire
NCUA confirmed earlier indications that there would be no National Credit Union Share Insurance Fund premium for 2014.
14 hours ago
.@NJCUL supported prized-linked savings legislation introduced in New Jersey state Senate.
14 hours ago
#creditunions emphasize co-op principles during National Co-op Month #NewsNow http://t.co/zEb9UFot1N
21 hours ago
Servicemember's spouse drives away with Bank on More's SUV thanks to #missouri #creditunions http://t.co/WvTrKxh0sV
22 hours ago
From @FHFA this a.m.: U.S. house prices up 0.5% in Aug. on seasonally adjusted basis from previous month. More here: http://t.co/1yVDOPggeX
23 hours ago