Increasing rate of Cyber Crime, threat it poses

Date : 08-02-2023

Our world is becoming a global village thanks to the internet. We are all connected like neurons in a giant brain through the internet. The Internet has been both a boon and a bane for people today.

In addition to this, with the growth of the internet, protecting our information and data has also become a necessity. If you are an individual or company that uses the internet for business, or if you are just a regular internet user for pleasure, security is vital.

The advancement of technology has made man dependent on the internet for all his needs and it is important to be aware of how to minimise threats, risks, cybercrime, and cybercrime activity.

Cybercrime, also known as computer crime, is the use of a computer to commit crimes such as fraud, trafficking in child pornography and intellectual property theft, stealing identities or violating privacy. The effects of cybercrime on society can include economic disruptions, psychological disorders (e.g., anxiety), and national defense threats.

The successful implementation of cybercrime restrictions depends on proper analysis of their behaviour and an understanding of the impacts they have at various levels of society. Today, cybercrime is becoming more widespread by the day; it inflicts both human suffering and negative effects on society as a whole.

According to Norton Lifelock, a cybersecurity software company, in the last 12 months, 27 million Indian adults have been victims of identity theft-surpassing the number of people who were victimised worldwide during 2016.

Additionally, 52 per cent of Indians are unaware of ways to protect themselves from cybercrime-placing them at risk for financial losses and other negative consequences.

The Indian Penal Code 1860, the Bankers’ Books Evidence Act 1891, the Indian Evidence Act 1872, and the Reserve Bank of India Act 1934 were all swiftly amended by the IT Act. The Amendments brought under the Sections of these Acts were to make them compliant with new technologies. By establishing stringent legal recognition, these modifications attempted to tone down all electronic transactions/communications, bringing them beneath the radar.

Cybercrime remains a pressing issue, but the current legal system is not equipped to handle all of the various cyber crimes that exist. With India moving closer towards ‘Digital India’ – a government initiative focused on advancing digital technology – the number of cyber crimes continues to grow rapidly. To address this issue, some amendments should be made to existing laws to protect citizens from such dangers.

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