Also on the rise is the theft of identities, by hacking into databases with sensitive information such as social security number and mother's maiden name. Professionals seeing lots of extortion for profit making. The real fear is that criminals go farther than just fraud. Not So Safe , New York Daily News. Major web sites crippled by hackers interrupts the merchant's ability to conduct business.
Time is money and time in cyberspace is also money.
Old pranks and con games are being updated for use on the Internet. This article lists 10 ways to protect yourself during online transactions and 10 ways to save time and money in the process. Good general information for consumers. The article does not state what authority this act would give the FBI other than it would help law enforcement to gather encrypted information from the Internet. Barr fears abuse or the implementation of automated monitoring technology.