Knowledge Center

Is Cyber World ‘Good’ or ‘Bad’

Technology can be defined as applications, instruments or processes that enhance or simply the aspects of everyday life. The vehicle you use to drive to work is an example of technology that simplifies life, Thanks to Cyber Technology, 21st century offers ample opportunities to seek, analyze and use information as never before cyber world offers tools to Government for better governance and to entrepreneurs and corporate world, the business tools for wealth maximization. Apart from this cyber socializing has a negative aspect also, better known as cyberbullying or cybercrime has several statistics to go along with it. Cyber crimes involve computer and network in some cases computer may have been used in order to commit the crime and in other cases it has been the target of the crime.

Hence, it is a criminal activity carried out in order to generate profit for the cybercriminals, some carried out in order to damage or disable them, while others use computers or network to spread Malware, illegal information, images or other materials. A primary impact from cybercrime is financial and it includes many different types of profit-driven criminal activity, including Ransomware attacks email and internet fraud and identity fraud as well as attempts to steal the financial account, credit card or other payment card information. It also targets private personal information as well as corporate data for theft and resale.

As cybercrime in India has been evolving rapidly due to which many incidents of cybercrime has occurred some of the cases are as, Bank employee cheated of Rs.1.5lakh, friend loses Rs.1 lakh after fake email( khadi village industries association CEO), Delhi man loses savings after fake calls from bank, two foreigners nabbed for ATM data theft,70-year-old malad woman latest vishing victim loses 1.25lakh and so on.

As to overcome Parliament of India passed Act’s such as The Information Technology Act,2000 also establishes a Cyber Appellate Tribunal to resolve the dispute arising from this law.[1]

India and the US had set up an Indian-US cybersecurity forum as part of a counter-terrorism dialogue. At present the rate of cybercrime is increased by 300% between 2011 and 2014, In 2015 there were 11,259 cases of cybercrime registered in India.

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  1.  Bare Act (Information Technology Act,2000)