CYBER CRIMES-A MAJOR THREAT TO THE CORPORATE SECTOR

Of late, both manufacturing and service sector has undergone a rapid changes followed by a series of fundamental developments. Most noteworthy among them is the rapid development and advancement in Information Technology as well as communication system. This has changed the concept of online activities, and has been instrumental behind broadening the dissemination of financial information along with lowering the cost of many financial activities. Information Technology and communication networking systems have revolutionized the functioning of all sectors. Even though the situation prevails, today there is a threat namely crimes through net working and communication devices. One such crime is so called, cyber crime.

Cyber crimes are defined, as “acts that are liable to be punished by the Information Technology Act”. There are many cyber crimes, such as email spoofing and cyber defamation, sending threatening emails etc. A simple yet strapping definition of cyber crime would be “unlawful acts wherein the computer is either a tool or a target or both”.

KINDS OF CRIME

Financial crimes

Cyber pornography

Sale of illegal articles

Intellectual Property crimes

Cyber stalking

Cyber Defamation

Email spoofing

Sale of illegal articles

 CAUSES OF CYBER CRIME:

1. AGAINST INDIVIDUALS

Harassment via e-mails.
Cyber-stalking.
Dissemination of obscene material.
Defamation.
Unauthorized control/access over computer system.
Indecent exposure

2. AGAINST ORGANISATION

Unauthorized control/access over computer system
 Possession of unauthorized information.
Cyber terrorism against the government organization.
Distribution of pirated software etc.

3. AGAINST SOCIETY

Pornography (basically child pornography).
Polluting the youth through indecent exposure.
Trafficking
Financial crimes
Sale of illegal articles
Online gambling

 LEGISLATION COVERED:

            INFORMTION TECHNOLOGY ACT, 2000 

Hacking with computer system.

(1) Whoever with the intent to cause or knowing that he is likely to cause wrongful loss or damage to the public or any person destroys or deletes or alters any information residing in a computer resource or demises its value or utility or affects it injuriously by any means, commits hack.

(2) Whoever commits hacking shall be punished with imprisonment up to three years, or with fine which may extend up to two lakh rupees, or with both.

From the aforesaid passages, it is felt that, government  should take necessary steps to evolve a suitable policy to  eradicate the crimes through information and communication technology.This will enable the company to grow, ultimately there is a potential to enhance the  GDP of our country.

 

 

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