Senate Introduces Bill to Prevent Cyber Theft

June 17, 2013

Senate Introduces Bill to Prevent Cyber Theft

On May 7, 2013, Sen. Carl Levin (D-MI), along with several cosponsors, introduced the “Deter Cyber Theft Act” (S. 884). This bill would require the president to block the importation of products containing stolen U.S. technology or made by companies that have been identified as having benefited from the theft of U.S. technology. Such companies, products, and technologies would be identified by the director of national intelligence as part of an annual report to Congress. Additionally, the bill would prohibit the importation of products that are similar to items identified in the director’s report and are made by state-owned enterprises of nations that the director of national intelligence has placed on a watch list for stolen technology. The bill has been referred to the Senate Committee on Finance. 






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