RICHMOND, Va. - With consumers fed up with the bombardment of junk bulk email known as "spam", Virginia legislators have taken a stand to help decrease it by passing a law that makes it a felony and includes penalties. The law applies to "spam" sent to or from the state and those found guilty of sending over 10,000 deceptive email messages in one day can face a prison term of one to five years and forfeiture of any profits and assets associated with the activities. A recent Federal Trade Commission report finds that nearly two-thirds of spam is sent with either false return addresses or a misleading subject line. So far over 24 state have anti-spam laws, but according to the FTC enforcement problems and low penalties have made many of the laws ineffective. According to Virginia governor Mark R. Warner since the headquarters of many Internet providers, including America Online are based here and half of all Internet traffic flows through the state, the new law could have a significant effect on spam.
From the May-07, 2003 issue of Credit Union Times Magazine • Subscribe!
End of Annoying "Spam" Messages in Virginia?
Want the latest credit union news?
Sign up for our free newsletter today! All the breaking credit union news and information you need to make the right decision for your credit union delivered to your inbox. For free!
Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!
Comments
Resource Center
View All »
A Path Chosen Prudently
In today's complicated credit card landscape, choosing the correct path between self-issuance or agent banking...
Winning the War on Cybercrime: The Four Keys to Holistic...
This white paper examines the importance of adapting to changes in fraud attacks without significant...
FFIEC Proposed Guidance on Social Media and How it Affects...
To learn how you and your institution can stay compliant with the new proposed FFIEC...
The Rise of "Mobile Commerce" and How it Affects YOU!
Could plastic cards become a thing of the past? This white paper explains what constitutes...
Key Indicators of High Performing Credit Unions
Get a complimentary demo of our loan portfolio analytics and access to the white paper,...
