Online retailers, security companies join to fight Web ID theft

Wednesday, 3 September 2003, 12:57 PM EST

Internet retailers and security companies have formed a group to battle online identity theft, the Information Technology Association of America (ITAA) announced today.

The founding members of the group, called the Coalition on Online Identity Theft, include Web retailer Amazon.com Inc., online auctioneer eBay Inc., Microsoft Corp., security software company VeriSign Inc. and credit card provider Visa U.S.A. The ITAA is the administrator of the coalition, but the coalition is not part of the technology trade group, an ITAA spokesman said.

The coalition will focus on four main goals: expanding public education campaigns, promoting technology and tips for preventing and dealing with online theft, documenting and sharing nonpersonal information about emerging online fraudulent activity to prevent future scams, and working with the government to ensure effective enforcement of criminal penalties against cyberthieves.

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