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Hackers and mobsters have a lot in common according to President Obama. His administration wants to impose stricter punishments for cyber-criminals because of increased data breaches.
The U.S. government wants to hold businesses accountable if they have week cyber security. Lawmakers plan to introduce a bill next week that would fine big companies that lose consumer data in a security breach if that breach is a result of poor security measures.
Police say she led a sophisticated conspiracy to import and sell counterfeit Cisco Systems networking equipment and because of that a Virginia woman received a five- year prison sentence. In addition to the prison time, a U.S. District Court for the Eastern District of Virginia also ordered Chun-Yu Zhao, 43, of Chantilly, Virginia, to pay US$2.7 million restitution and a $17,500 fine.
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