Cyber crime definition in information technology act
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The Information Technology Act, 2000 (also known as ITA-2000, or the IT Act) is an Act of the Indian Parliament (No 21 of 2000) notified on 17 October 2000. It is the primary law in India dealing with cybercrime and electronic commerce. It is based on the United Nations Model Law on Electronic Commerce 1996 (UNCITRAL Model) recommended by the General Assembly of United Nations by a resolution dated 30 January 1997.[1]
Cyber crime is hard to track, enforce and prosecute in growing numbers. A person robbing a gas station, Bank, etc is a Federal crime and features a minimum 20/25 years to life punishment, and usually the criminal gets away with next to nothing. A white collar crime, or cyber crime, can sometimes get away with millions. And it this occurs from another country, it may be impossible to prosecute or enforce. If you think that your local and Interpol will work together to locate and prosecute the person, it will not occur until someone important or has political or other power is directly affected. And companies like Western Union have been charged, fined and prosecuted for their involvement in the types of white collar cyber crimes.