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Far Eastern Economic Review
To Catch a Cyber Thief, June 14, 2001
"The virus was a wake-up call. A new law, the E-Commerce
Act, passed in June last year, addresses such issues as the validity of
digital signatures and electronic documents; it also makes hacking, releasing
viruses and on-line piracy criminal offences. It was so comprehensive
that a December study by United States-based management consultancy McConnell
International of 52 countries' progress in updating cyber laws placed
the Philippines first.
The new law is crucial to attracting foreign investment.
"Businesses that are cross-border want to have the same regulatory environment.
The Philippine cannot afford to make itself less attractive than its neighbors,"
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