SHORT ANSWER:
The punishment for data theft in a corporate environment can include imprisonment and fines under the Information Technology Act, 2000.
DETAILS:
- Data theft is addressed under Section 43 and Section 66 of the Information Technology Act, 2000.
- Section 43 deals with damage to computer systems and data, while Section 66 specifically addresses hacking and data theft.
PUNISHMENT / IMPLICATIONS (if applicable):
- Imprisonment for up to 3 years or a fine which may extend to ₹5 lakh, or both under Section 66.
- Compensation for damages may also be ordered under Section 43.
SOURCE:
- Information Technology Act, 2000
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