The Act rather than giving information and technology gives rise to cyber crime.
2011
11/14/2011
INFORMATION TECHNOLOGY ACT, 2000
The Act rather than giving information and technology gives rise to cyber crime.
2011
11/14/2011
Table of Contents Introduction 3 The Information Technology Act, 2000 5 Positive Aspects of Information Technology Act: 9 Rise of Cyber Crime 11 Caselet 14 Statistics and Facts 18 Case Study 28 Case Study 1 28 Case study 2 29 Case Study 3 31 Case study 4 33 Case Study 5 34 Case study 6 36 Case Study 7 39 NASSCOM 44 Role of Information Technology in the Banking Sector 48 Conclusion 54 References 58
Introduction
New communication systems and digital technology have made dramatic changes in the way we live and the need to transact our daily business. There is a remarkable change in the way people transact business. Businessmen are increasingly using computers to create, transcript and store information in electronic form instead of traditional paper documents. It is cheaper, easier to store and retrieve and speedier to communicate. Although people are aware o the advantages which the electronic form of business provides, people are reluctant to conduct business or conclude and transact in the electronic form due to lack of appropriate legal framework. Electronic commerce eliminates need for paper based transaction. The two principle hurdles which stand in the way of facilitating electronic commerce and electronic governance are the requirements of writing and signature for legal recognition. At present many legal provisions assume the existence of paper based records and documents which should bear signatures. The Law of Evidence is traditionally based upon paper based records and oral testimony. Hence, to facilitate e-commerce, the need for legal changes has become an urgent necessity. International trade through the medium of e-commerce is growing
References: * http://www.deadiversion.usdoj.gov/drugs_concern/carisoprodol.htm * ICAI, Management Information and Control Systems (2005) * Current Publications, The Information Technology Act, 2000 (2011)