Escudero wants harsher punishment for online scammers


Former Senator now Sorsogon Gov. Francis “Chiz” Escudero. FILE PHOTO

MANILA, Philippines — Reelectionist senator and incumbent Sorsogon Gov. Francis Escudero on Thursday said laws should be updated so harsher penalties would be imposed against online scammers.

According to him, the next Congress should prioritize amending the Access Devices Regulation Act of 1998 and the Cybercrime Prevention Act of 2012 to increase jail terms and fines for cybercriminals.

“Online scams should be treated as major criminal offenses and should carry a penalty that is severe enough to make scammers think twice about victimizing hard-working Filipinos,” he said in a statement.

Escudero made this call after the Land Bank of the Philippines revealed on Monday that teachers who lost money in their bank accounts had fallen victims to a phishing scam.

READ: Landbank: Teachers who lost money fell victims to phishing scam

It also comes after the bank accounts of some 700 depositors were hacked in December last year.

READ: DOJ: Impatience to get money did hackers in

Escudero said violation of the Access Devices Regulation Act carries imprisonment of six to 20 years and a fine of P10,000 or twice the value obtained through illegal means.

Under the Cybercrime Prevention Act, meanwhile, the senatorial aspirant said misuse of devices carries a fine of not more than P500,000 and/or jail time of six to 12 years.

RELATED STORIES

DOJ, BAP to formalize cooperation vs online fraud

Lawmaker on cash transfers: Phishing scam or security breach?

KGA

Subscribe to our daily newsletter

Read Next

Don’t miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

For feedback, complaints, or inquiries, contact us.





Source link

We will be happy to hear your thoughts

Leave a Reply

4uAmazon
Logo
Reset Password
%d bloggers like this:
Shopping cart