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2. Fraud can be committed against any individual or a legal body. Cyber fraud
uses internet and computers to commit such acts which are criminal in
nature. Cyber frauds in India can be committed through various acts, such as
identity theft, cyber stalking, theft of personal health information, theft of
personally identifiable information, bullying, terrorist attack and many more.
The list of cyber frauds can seemingly add new acts along with the
evolvement of technology.
Cyber fraud victims remain unaware that something malicious is happening
with them till the fraud is committed. This slow act of fraud is committed
over a period time and a lot of damage is already done before the person
realises that he/she has been the victim of cyber fraud. These acts have
increased to a speed where it is said that a person’s identity is stolen every
three seconds in India. Reputed news agency has reported that more than
27000 cybercrimes were reported in the first half of the year 2017 after the
major step of demonetisation was taken by the government. The idea to
boost cashless economy increased the rate of cybercrimes due to security
issues.
3. India has been dealing with crimes like phishing and defacement where it
got hit by a major cybercrime “Ransomware”. Ransomware hit thousands of
systems and India has seen a total of 1.71 lakh cybercrimes in last three and
a half years. With more Indians using the services of internet and going
online, cyber frauds in India have increased and therefore, the need of
cyber security should be the priority to beat cybercrimes and protect the
society against frauds.
If we talk about what individuals can do to reduce the risk of cybercrimes,
the first thing that should come to their notice is to be cautious and careful
on internet. Internet users should be careful about the suspicious e-mails,
use unique passwords, anti-virus or anti-spyware software is a must for all
computers. Lastly, internet users should not open any e-mail or program
from unknown sources in order to keep the risk of cybercrime to its
minimum.
4. Cyberra Legal Services offers cyber law compliance audit, cybercrime
investigation & other cyber legal services in India.