CYBER CRIMES-A MAJOR THREAT TO THE CORPORATE SECTOR

Of late, both manufacturing and service sector has4. Defamation.
undergone a rapid changes followed by a series of5. Unauthorized control/access over computer system.
fundamental developments. Most noteworthy among6. Indecent exposure
them is the rapid development and advancement in2. AGAINST ORGANISATION
Information Technology as well as communication1. Unauthorized control/access over computer system
system. This has changed the concept of online2.  Possession of unauthorized information.
activities, and has been instrumental behind broadening3. Cyber terrorism against the government
the dissemination of financial information along withorganization.
lowering the cost of many financial activities.4. Distribution of pirated software etc.
Information Technology and communication networking3. AGAINST SOCIETY
systems have revolutionized the functioning of all1. Pornography (basically child pornography).
sectors. Even though the situation prevails, today there2. Polluting the youth through indecent exposure.
is a threat namely crimes through net working and3. Trafficking
communication devices. One such crime is so called,4. Financial crimes
cyber crime.5. Sale of illegal articles
Cyber crimes are defined, as "acts that are liable to be6. Online gambling
punished by the Information Technology Act". There LEGISLATION COVERED:
are many cyber crimes, such as email spoofing and            INFORMTION TECHNOLOGY
cyber defamation, sending threatening emails etc. AACT, 2000 
simple yet strapping definition of cyber crime would beHacking with computer system.
"unlawful acts wherein the computer is either a tool or(1) Whoever with the intent to cause or knowing that
a target or both".he is likely to cause wrongful loss or damage to the
KINDS OF CRIMEpublic or any person destroys or deletes or alters any
Financial crimesinformation residing in a computer resource or demises
Cyber pornographyits value or utility or affects it injuriously by any means,
Sale of illegal articlescommits hack.
Intellectual Property crimes(2) Whoever commits hacking shall be punished with
Cyber stalkingimprisonment up to three years, or with fine which may
Cyber Defamationextend up to two lakh rupees, or with both.
Email spoofingFrom the aforesaid passages, it is felt that,
Sale of illegal articlesgovernment  should take necessary steps to evolve
 CAUSES OF CYBER CRIME:a suitable policy to  eradicate the crimes through
1. AGAINST INDIVIDUALSinformation and communication technology.This will
1. Harassment via e-mails.enable the company to grow, ultimately there is a
2. Cyber-stalking.potential to enhance the  GDP of our country.
3. Dissemination of obscene material.