Cyber security bill would have broad jurisdiction

Guardian:
An amendment to a controversial cybersecurity bill will allow US courts to pursue and jail foreign nationals even if the crimes they commit are against other foreigners and on foreign soil.

The main aim of the amendment to the Cybersecurity Information Sharing Act (Cisa), which passed a key Senate hurdle on Thursday, is to lower the barrier for prosecuting crimes committed abroad. But the amended law would make it a crime punishable by US prison time not merely to clone the credit card or steal the Netflix password of an American citizen, but to take unauthorized information from any American company, no matter where it happens.

In other words, if a French national hacks a Spanish national’s MasterCard, she could be subject to 10 years in US prison under laws changed by the bill.
...
The law is intended to protect US companies intellectual property no matter where it is located because a theft of that property creates a loss for the US company.  It is also aimed at foreign nationals who are engaged in cyber attacks against US companies.  China, Russia and Iran are the chief culprits in government based cyber attacks.

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