Nisha Kumawat, Department of Law, Prestige Institute of Management & Research, Indore
Introduction
Since the dawn of time, the concept of crime has existed in civilization. As the nature of society and its members changed, so did the nature of crime, which altered in response. With the increasing reliance on technology in the twentieth century, a new area of crime known as Cybercrime has emerged. Criminals have developed a new way of crime that involves the use of internet platforms. When a computer is used to perform frauds, trafficking in child pornography, stealing intellectual property, stealing identities, or invading privacy, it is referred to as cybercrime. Data theft, cyberbullying, and planting malware are all examples of cybercrime.
Cybercrime is one of the most rapidly growing challenges in the globe. It is a global issue since the Internet does not belong to any one country or state, and so it affects everyone who is a part of the new era's global village. Cybercrime that crosses international borders, i.e. when cybercrime occurs between two countries and results in the illegal acquisition of highly confidential data or information, is considered cyberwarfare. According to a study published in 2018, the yearly cost of cybercrime to the world economy is projected to be over $600 billion per year, or around 1% of global GDP. The IT Revolution has posed a significant threat to judicial systems around the world.
