Develop new program for reporting internet fraud

A Microsoft-led initiative seeks to provide a reliable way to report the theft of credit card numbers and other data on the Internet.

Creating such a possibility is important because when a researcher finds stolen data, it is difficult to convince a bank or other institution to which the information is legitimate. The time lost can mean the difference between the fraudulent use of identity of a person and effective action to stop it before it happens.

The initiative would help researchers to manage the data they find on the internet and which inform the affected companies, said Dan Clements, former president of CardCops (Card Cops), which seeks stolen card numbers on the web.When a researcher finds stolen data, "send them all at once. The ship companies, government, consumer ... That way, you have complete information and can act accordingly," he said.

"It may seem at close range, but is the only way we can make sure our work. However, we have no way of knowing if it is effective," he added.The speed of transmitting information is creating new program that Microsoft will be the key to its success, said Clements.

The program is managed by the National Alliance Ciberforenses and Training, a nonprofit group, and includes the American Bankers Association and eBay, among others.Other similar programs the past failed because companies in internet sales and gambling sites could not find a way to cooperate without an intermediary, said Clements.

Increasingly, banks, businesses selling over the Internet and web security will be added to the program, once to register and pass a security check.