The U.S. House of Representatives Judiciary Committee today approved a bill that would significantly strengthen existing federal cybercrime law and provide law enforcement with increased enforcement tools.

The bill also offers authorities greater enforcement powers and resources. Included is a section that provides an additional $10 million annually to the Secret Service, FBI and Department of Justice to investigate and prosecute cybercrimes. The bill makes failing to report breaches to the FBI or Secret Service than involve at least 5,000 customers a crime punishable by up to five years in prison.

The link for this article located at SCMagazine is no longer available.