New law combatting cybercrime set to enter into force in Hungary!
Change language:
A new law aimed at aiding the authorities in stepping up action against cybercrime and cybercriminals will enter into force on Aug 1, the justice minister said on Wednesday.
The package of laws whose drafts were submitted to parliament by the justice ministry in cooperation with the national economy ministry, the central bank and the Hungarian Banking Association in the spring are the first pieces of legislation to come out of the government’s “intensive efforts” to combat online fraud, Bence Tuzson told a press conference.
The package is aimed at speeding up criminal investigations and proceedings, he added.
A key component of the law, he said, was information exchanges between banks to help them keep track of and move to freeze defrauded sums. Tuzson said e-commerce platforms also had a role to play in criminal investigations by deleting user profiles used for scams.