We must stamp out cybercrime if the internet is to provide a safe environment to conduct business.
Efforts to catch the perpetrators must be stepped up and the punishment must be sufficient to deter the perpetrators.
ANY form of buying or selling or offering for sale peoples' financial details is clearly fraudulent, and as such should attract a substantial custodial sentence comparable with sentences for other types of fraud. Such a sentence should have a mandatory minimum of 2 years on a scale from 2-10 years according to the value of the damage done or the value of the potential damage that was likely to be done.
Pussy-footing around with small fines, probation, community service just serves to encourage perpetrators to continue with this type of criminal activity.
Similar treatment should be applied to those who write malware, deliberately distribute malware, or hack into the computers of other people and organisations.
Why is internet crime on the increase? - most surely because there is NO appropriate deterent in place.
International criminal legislation to back up Internet access abuse, such as selling, phished details. An International database would be nice but may be unworkable. Any subsequent Internet access should be marked with a mandatory 'I am International criminal token', (Brand avatars with a Thief logo or cut off a hand for a period of 5 years perhaps) warning others not to trust them.
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