COMPANIES TO BE PUNISHED FOR ILLEGAL DISCLOSURE

Russian parliament has preliminarily approved the law that companies may be punished for illegal disclosure of information protected by law (state, commercial, tax, medical, banking secret, etc.).

Currently only an individual may be responsible for illegal disclosure. In accordance with the new law, companies may be also held liable. The penalty for the companies shall be 100.000 – 200.000 rubles. Penalties for individuals will be increased 10 times.

The said liability shall also apply for unauthorized access to information protected by law.