Security News > 2022 > May > Biden signs cybercrime tracking bill into law

US President Joe Biden has signed into law a bill that aims to improve how the federal government tracks and prosecutes cybercrime.

The Better Cybercrime Metrics Act, which Biden signed late last week, requires the Department of Justice to work with the National Academy of Sciences to develop a taxonomy that law enforcement can use to categorize different types of cybercrime.

It requires the Government Accountability Office to report on the effectiveness of existing cybercrime mechanisms and highlight disparities in reporting cybercrime data versus other types of crime data.

Government agencies, including the FBI's Internet Crime Complaint Center, already track and report cybercrime metrics, and by its accounts these types of crimes cost victims billions of dollars every year.

Still, proponents of the law say the large majority of cybercrimes are not reported or tracked.

Better cybercrime tracking at the federal level will help law enforcement identify threats and prevent attacks, said House Rep Abigail Spanberger, who co-authored the bill.

News URL

https://go.theregister.com/feed/www.theregister.com/2022/05/09/biden_signs_cybercrime_tracking_bill/