I had a professional network communications doing some work for me and was chagrined when he told me that the level of hacking activity was starting to actually affect Internet Performance! I was about to contact my Congressional Representatives about their "Do Nothing" attitude about hacking (except when it reveals their dirty little secrets)!
Personally, I would like to put Hacking in the same category as armed bank robbery: minimum sentence of 10 years. Where it is based in another country: authorization for cruise missile strikes, and Seal Team Raids! Draconian? YES! Why NOT? Consider the amount of time and money spent each year on virus software, computer updates, and data losses ... Ransomware ...Not to mention lossof life in the event of a power grid shutdown ... Cost it has to be in the 10's of Billion$