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Proposed Update to NYS Cyber Crime Law

12-Oct-2013

If you are found guilty of stealing computerized Wall Street trading code, you may face a longer prison sentence. Right now, it is illegal to copy computer software without permission and the penalties are not stringent even if you have been found guilty of stealing an investment firm's software. However, under new proposed changes, the unlawful duplication of computer-related material may be treated as a crime of larceny depending on the value of that stolen computer code. For instance, if you were charged with computer tampering, you could be charged with a class B felony if the loss suffered by the victim was $1 million or more. The task force's recommendations to strengthen basic statutes may change the law if it is adopted by the state legislature.