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News

Stronger legislation welcomed by ISACA

ISACA : 17 June, 2009  (Company News)
ISACA comments on the recent plans in the EU for tightening up on cybercrime and increasing penalties for convicted cyber criminals
ISACA (formerly known as the Information Systems Audit and Control Association) a not-for-profit organisation that seeks to encourage best practice in the IT security industry has applauded plans for the European Commission to increase the penalties against people committing cybercrime.

Under the new EC proposals, according to reports, prison sentences could be increased to five years or more for serious cybercrimes up from one to three years at present.

'It's likely that the potential rewards from cybercrime are such that current penalties are not going to act as a deterrent," says Rolf von Roessing, member of the ISACA's Security Management Committee. "The rewards of criminal exploits can stretch into the millions.'

The reality, says von Roessing, is that there is no such thing as a victimless crime, as a large number of people are still paying for criminal acts that generate revenue for the perpetrators.

'Spam, botnets and out-and-out theft of electronic data are modern-day scourges. Cybercrime needs to be dealt with strongly and the EC's actions are a step in the right direction for Internet users everywhere,' von Roessing added.
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