Members of the U.S. House of Representatives Intelligence Committee are in the middle of proposing a new cybertheft law that would target hackers based in other countries, according to Reuters.
The bill, which doesn't yet have a name, is to be introduced on Thursday by Rep. Mike Rogers (R-Mich.), Rep. Tim Ryan (D-Ohio), and Sen. Ron Johnson (R-Wisc). These lawmakers have said that the intent of the law will be to go after hackers from "offending nations" and deliver "real consequences and punishments."
Of those countries said to be cyber spying on the U.S. andfrom the government and various companies are China, Russia, Iran, and others.
"Cyber hackers from nation-states like China and Russia have been aggressively targeting U.S. markets, stealing valuable intellectual property, and then repurposing it and selling it as their own," Rogers' office said while announcing plans for the bill's introduction, according to Reuters.
China has bared the brunt of the most recent cyberattack accusations. Afterto being the victim of a lengthy hack that it believed was propagated by the Chinese government to spy on its journalists, , Facebook, Apple, Microsoft, and and news sources said their sites were hacked too, most likely by the same source.
AIn May, the published in February linked China's People's Liberation Army to the large number of cyberattacks. And in March, the Obama administration demanded that China , warning that the hacking activity threatened to derail efforts to build stronger ties between the two countries. claiming that the Chinese government and military have been engaged in widespread cyberespionage that has targeted U.S. government and business computer networks. However, the Chinese government has it is involved with any of the recent hacking or cyberespionage.
The news of the upcoming cybertheft bill comes on the eve of Chinese President Xi Jinping's visit to the U.S. According to Reuters, President Obama plans to discuss China's alleged cyberattacks on the U.S. with Xi.
A group of senatorscalled the "Deter Cyber Theft Act" last month. The goal of this legislation is to protect commercial data from foreign hackers and governments. If passed, this law would require that an annual report be written to list the countries involved in cyberespionage and highlight the worst offenders.