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FIVE Facts
Piracy is the term use to describe the stealing of information and using them to make a profit.
Quade Goss & Mari Sumpter
piracy is common as to illegal downloading from a 3rd party site and online auctioning.
Consequences of Illegal use of Technology and Software.
The legal implications of unauthorized software use should be clear to everyone who owns or uses a computer. According to the U.S. Copyright Act, illegal reproduction of software is subject to civil damages of as much as $100,000 per title infringed plus criminal penalties, including fines of as much as $250,000 per title infringed and imprisonment of up to five years. Given these high stakes, the consequences are certainly not worth the risks.
Online piracy is illegal so of course they come with fines and laws pass by the government to crack down on these groups of people who steal software
Under the Copyright Act, making an infringing copy of software with the intention of obtaining a commercial advantage or profit and if the person knows or ought reasonably to know that the copy is infringing copyright and is now a criminal offence. Offenders may be liable for:
Fines up to $93,500 and /or up to five years imprisonment for individuals
Fines up to $467,500 and/or up to five years imprisonment for companies.
The Law
The Law states that When you make unauthorized copies of someone’s creative work, you are taking something of value from the owner without his or her permission. Most likely, you’ve seen the FBI warning about unauthorized copying at the beginning of a movie DVD. Though you may not find these messages on all compact discs or music you’ve downloaded from the Internet, the same laws apply. Federal law provides severe civil and criminal penalties for the unauthorized reproduction, distribution, rental or digital transmission of copyrighted sound recordings. the fine can be up to 250,000 or 5 years in prison or Both (Title 17, United States Code, Sections 501 and 506).
http://ww2.bsa.org/country/Anti-Piracy/Know%20the%20Law.aspx?sc_lang=en-AU
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http://whatis.techtarget.com/definition/piracy