today i want to share about what cyber law is...actually i just forgot to update to this blog, when i read mr sonny announce in mmls then i realize that i have few things to do before final exam..wuhuahau
Cyber Law is the law governing computers and the Internet.
In today's highly digitalized world, almost everyone is affected by cyber law. Let us take a few examples:
Almost all transactions in shares are in demat form.
*what is demat form??
here i explain it....demat form is refer to dematerialised account. just as to open an account with a bank if you want to save ur money, u need to open demat account if u want to sell or buy stock. So it just like bank account where actual money is replace by share.
Almost all companies extensively depend upon their computer networks and keep their valuable data in electronic form.
Government forms including income tax returns, company law forms etc are now filled in electronic form.
Consumers are increasingly using credit cards for shopping.
Most people are using email, cell phones and SMS messages for communication.
Even in "non-cyber crime" cases, important evidence is found in computers / cell phones e.g. in cases of divorce, murder, kidnapping, tax evasion, organized crime, terrorist operations, counterfeit currency etc.
Cyber crime cases such as online banking frauds, online share trading fraud, source code theft, credit card fraud, tax evasion, virus attacks, cyber sabotage, phishing attacks, email hijacking, denial of service, hacking, pornography etc are becoming common. Digital signatures and e-contracts are fast replacing conventional methods of transacting business.
Wednesday, December 31, 2008
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