Russian postal service will need $8 billion to execute new anti-terror law

According to preliminary estimates, the Russian Post will need more than half a trillion rubles (approximately $8 billion) to purchase the equipment required to comply with the anti-terrorism package signed by Russian President Vladimir Putin on July 7, as reported by the Russian TASS news agency, citing a source in the Russian Pos.

"If the new technical equipment will have to be installed in all 42,000 post offices, it will require both the purchase of this special equipment, and the involvement of trained specialists. According to preliminary estimates, the cost of the equipment for the Russian Post will amount to as much as 500 billion rubles," the source in the Russian Post says.

In addition, more than 100 billion rubles (approximately $1.6 billion) will be required annually for the maintenance and salaries of personnel controlling the reception of postal items.

Earlier, Russian mobile operators stated that to manage the storage of information required by the new law they will need 2.2 trillion rubles (approximately $34.24 billion). At the same time the state budget will lose hundreds of billions of rubles, because the "profit from the sale of storage equipment will go to foreign manufacturers of the equipment."

"Yarovaya's law" was signed by Russian President Vladimir Putin on July 7th. The law, requires mobile operators to store all data sent by the users for six months, as well as the information about the reception, transmission, delivery of messages and calls for three years (a year for Internet companies), as well as provide the authorities with the means to decode the encrypted correspondence.

Collection of signiture under the petition to abolish this law has begun on the Russian Internet segment.The petition has been signed by more than 11,000 people to date.

  Russia, Putin

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