Violators of the law on combatting rumours and cybercrimes could also be imprisoned for a minimum of 5 years.
The Public Prosecution in the UAE has issued a reminder about the penalty for violating a law regarding cybercrimes.
The authority said that the punishment for "infringement of data pertaining to financial, commercial, or economic institutions" is a prison sentence of 5 years or above, and a fine amount ranging from Dh500,000 to Dh3 million.
According to Article 8 of Federal Decree Law No. 34 of 2021, on combatting rumours and cybercrimes, data infringement penalties apply to anyone who
"obtains, acquires, modifies, destroys, divulges, makes available, cancels, deletes, amends, reproduces, publishes or republishes any confidential information or data pertaining to a financial, commercial, or economic institution using information technology or information technology means."
News Source: Khaleej Times
