- Written by Charlie V. Manalo
- Tuesday, 17 July 2012
House Bill 6199 defines phishing as an act of securing personal information such as usernames, passwords, bank account numbers and credit card details and using it in fraud or identity theft and misrepresentation.
The bill imposes a 12-year imprisonment and a fine of P200,000 on violators and their accomplices.
Velarde said two cybercrime bills, Senate Bill 2796 or “An Act Defining Cybercrime, Providing for Prevention, Investigation and Imposition of Penalties Therefor and For Other Purposes” and HB 5808 or “An Act Preventing Cybercrime, Providing for the Prevention, Suppression and the Imposition of Penalties Therefor and for Other Purposes,” which was passed on third reading, are pending approval..... MORE
Source: The Daily Tribune