Globally, the precious metal was trading at $2,414.41 per ounce, down by 0.5 per cent this morning
The UAE Public Prosecution on Wednesday apprised residents on the penalties for infringement of data pertaining to financial, commercial or economic institutions using information technology.
According to Article 8 of the Federal Decree-Law No.34 of 2021 on Combatting Rumours and Cybercrimes, "whoever 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 an information technology means" shall be sentenced to temporary imprisonment for a minimum term of five years and a fine ranging between Dh500,000 and Dh3,000,000.
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This post is a part of the Public Prosecution's continuous efforts to promote legal culture among members of the community and increase their awareness about the latest legislations in the country.
Globally, the precious metal was trading at $2,414.41 per ounce, down by 0.5 per cent this morning
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