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software theft
The unauthorised duplication and/or use of computer software. This usually means unauthorised copying, either by individuals for use by themselves or their friends or, less commonly, by companies who then sell the illegal copies to users. Many kinds of {software protection} have been invented to try to reduce software theft but, with sufficient effort it is always possible to bypass or "crack" the protection, and {software protection} is often annoying for legitimate users.
Software theft was estimated for 1994 to have cost $15 billion in worldwide lost revenues to software publishers. It is a serious offence under the Copyright, Designs and Patents Act 1988, which states that "The owner of the copyright has the exclusive right to copy the work.".
It is estimated that European software houses alone lose $6 billion per year through the unlawful copying and distribution of software, with much of this loss being through business users rather than "basement hackers". One Italian
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