SafeMedia Corp. Backs Congress' Call For FTC to Crack down on P2P Networks

“Committee Chairman Waxman and 18 congressmen recognize the real threat of contaminated P2P. SafeMedia has the technology to support their vision to stop the distributors and developers of contaminated P2P technology,” said CEO Safwat Fahmy, SafeMedia Corp.

[USPRwire, Fri Oct 19 2007] The Federal Trade Commission (FTC) has been asked to promptly investigate recent disclosures of inadvertent file sharing over contaminated peer-to-peer (P2P) networks and to take steps to ensure that potential risks posed by contaminated P2P networks are incorporated into the Commission's ongoing efforts to combat identity theft.

A strongly worded letter this week (10-17-07) to the FTC chairman signed by Committee Chairman Waxman and 18 congressmen, calls for an immediate investigation and stiffer enforcement and expanded efforts and penalties to protect consumers from inadvertent file sharing and identity theft caused by contaminated P2P networks. The committee has proven that these networks are known to allow the mass redistribution of copyrighted files, classified business information, national security data and personal identification documents.

“Chairman Waxman and 18 congressmen have recognized the real threat of Contaminated P2P networks. SafeMedia has the technology to support their vision in stopping the distributors and developers of contaminated P2P technology. Living by the letter of the law is what made America great; contaminated P2P is a proven menace to our society and a real threat to our national security and freedom: 19 congressman recognize this threat and they are obviously concerned by the continuous criminal activities of individuals who use the most important invention of our time; “The Internet” to steal the intellectual property of others,” said CEO Safwat Fahmy, SafeMedia Corp.

“Although we recognize that P2P networks have the potential to deliver innovative and lawful applications that will enhance business and academic endeavors, reduce transaction costs, and increase available bandwidth, these networks must also be used in a way that protects sensitive government, personal, and corporate information and copyright laws,” said House Committee Chairman Henry Waxman On Oversight and Government Reform. “In our view, the FTC should play an important role towards that end.”

For the full story on the P2P networks investigation by Congressman Waxman's Committee and for the letter to FTC chairman from Congress go to:

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