Internet fraud and theft are major problems, there seems to be little doubt about that -- according to FCC chairman Julius Genachowski, some 8.4 million credit card numbers are stolen every year. The question, then, is who should be addressing the issue. Genachowski this week called for "smart, practical, voluntary solutions," asking internet service providers to put more effort into helping prevent data theft, hacks and other issues, or risk having "consumers lose trust in the internet," thereby "suppress[ing] broadband adoption and online commerce and communication." The chairman asked ISPs to help avoid hijacking through more efficient traffic routes and to instate DNSSEC to help weed out fraudulent sites.

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FCC thinks ISPs should do a better job preventing fraud, theft