Cyber crime has increased rapidly in the last few years. In such a situation, it is impossible to imagine the development of the country without ensuring cyber security.
Therefore, it becomes extremely essential to detect cyber challenges and find effective solutions for cyber security to sustain and grow the digital economy.
Today, there are many forms of cyber crimes ranging from identity theft, cryptojacking, child pornography, cyber terrorism. The rapidly growing digital age has witnessed unprecedented growth in electronic commerce (e-commerce) and online stock trading which is leading to more cyber crimes.
Computers are used as a tool or target in cyber crimes. The Central Government has taken important steps to strengthen the mechanism to deal with cyber crimes in a comprehensive and coordinated manner.
On Thursday, CBI raided 76 places against cyber criminals. One of these cases pertains to a racket of embezzling Rs 100 crore from Indian citizens through cryptocurrency fraud.
The raids have been conducted at various locations in Uttar Pradesh, Madhya Pradesh, Karnataka, Himachal Pradesh, Haryana, Kerala, Tamil Nadu, Punjab, Delhi and West Bengal.
Earlier, 26 cyber criminals were arrested under CBI’s ‘Operation Chakra’. The campaign aims to dismantle the infrastructure of these international cyber crime gangs in India and bring the criminals to justice.
Last week, India and France agreed to increase cooperation in cyber, space and artificial intelligence. It can be expected that India-France will take the strategic partnership to new heights.
India’s fight against international organized cyber crime has thus gained an important position.
Continued efforts with vigilance are important to control the rising risks nationwide. Yet cyber laws need constant upgrading and refinement to keep pace with the increasing dependence of humans on technology in India as well as across the world.
To identify innovative ideas and technological solutions to address the challenges of cyber crime that our law enforcement agencies and common citizens are facing.
To reduce cyber crimes and curb the efforts of fraudsters, cyber crime law makers need to be aware of the potential loopholes in the cyber security landscape and fix them in real time.