Congress must address the widespread problem of online theft of America's technology and products from foreign thieves.
Those fears persist even though online security experts say that the number of serious online thefts of credit information has been low.
In March 2009, South Korea passed legislation that gave internet users a form of three strikes for unlawful file sharing with the intention of curbing online theft.
IP monitoring and intercept for detection and investigation of cyber crimes (online theft, Internet crimes against children, etc.)
"We thus urge the Commission to adopt rules that not only allow ISPs to address online theft, but actively encourage their efforts to do so," says the RIAA.
To those that say that a bill to stop online theft will break the Internet I would like to point out that one-quarter of Internet traffic is dedicated to crime.
That has pitted Hollywood and the media industries, who say the act will finally give them protection against online theft, against Silicon Valley, where firms like Google see Sopa as a serious assault on internet freedom.
Members consistently voted by a 2-1 margin to defeat amendments that would have made it more difficult to stop the problem of counterfeit products and online theft of America's intellectual property.
Peter Chernin, president of the News Corporation, worried that the Internet's "ability to empower the general public" would lead to the online theft of some of the contents of media companies' digital treasuries.
In an effort to appeal to the heartstrings of the current students, the MPAA warned, 'I hear that not only is online theft a job-killer, it is a erection-killer.