The Trust Foundation Understanding trust issues in the digital era.

"Phishing and other online fraud activities directly undermine the vital trust of online consumers," Snowe wrote in a blog post on The Hill Blog.

"Now more than ever, Congress needs to take action to limit the growth of a practice that attacks the very essence of our commerce," she added, noting that more than 3.5 million U.S. residents fell victim to phishing and online identity theft last year.