The IT sector progressed in 2001 unaffected by the economic global slowdown. According to analysts this is due to the fact that the sector is still underdeveloped. The Internet telephony or the Voice-over-Internet-Protocol grew most rapidly in 2001. The service’s progress was helped by legislative amendments that curbed the monopoly of the telecommunication company BTC. The service was offered for the first time by the US-based Nexcom Company. Hackers in 2001 made headlines by managing to break in to the sites of the Economy Ministry and the President of Bulgaria. As a reaction to this and other hacker attacks MPs adopted new penalties for cyberspace crimes, including up to five-year imprisonment.

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