EU Hackers Would Face 2 to 5 Years Under Cyberattack Bill

Law360, New York (April 6, 2012, 4:29 PM EDT) -- The European Parliament is backing draft legislation that would increase penalties for hackers as well as for companies that benefit from these breaches, it confirmed Thursday, in a move that aligns with the European Union’s push to harmonize divergent member state laws.

The proposal currently working its way through Parliament would update existing EU legislation on cyber attacks to require member states to uniformly impose penalties of two to five years for cyber attacks against an information system, and to hold companies liable for cyber attacks...
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