The Federal Communications Commission is asking Private Internet Service Providers to step up the fight against cyber threats, PC Magazine reports.

A new FCC report finds the providers have the power to crack down on attacks like botnets, domain name fraud and IP address hijacking. Chairman Julius Genachowski is asking for a “multi-stakeholder” system, where private ISPs work together to create a safe online environment. More than $8 trillion flows through private ISPs every year.

This story is part of Federal News Radio’s daily Cybersecurity Update. For more cybersecurity news, click here.

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