IMHO, the liberal application of corporal punishment administered in the courtroom immediately after a guilty verdict would be more effective at deterring hackers than the current fines, "public service" or short jail sentences.
I know the old man changed the course of my life once or twice - with nothing but a 4' long 3/8" to 1/2" thick fresh, green, flexible limb - and at Zero cost to taxpayers.
Singapore punishes theft with lashes from a salt water soaked cane.
Islam has an effective punishment of it's own.
Both have low recidivism rates compared to Western methods.
They are getting better results. Just sayin'
I change all my forum passwords at least twice per year for this very reason... Just far too many a lowlife out there absolutely terrified of an honest day's work to let one's guard down anymore, I'm sorry to say.