The Digital Mutation Of White-Collar Crime: Legal And Strategic Challenges In The Cyber Era
- IJLLR Journal
- Nov 1
- 1 min read
Karan Sharma, Bennett University
ABSTRACT
This paper explores the digitization of white-collar crimes due to the dynamic nature of the technology and its rapid advancement. It traces the journey of how innovations like Artificial Intelligence and Blockchain protection have contributed to the rise of economic offences in the cyber space. This study covers all the major financial offences, enabled by cyber technology advancements, and sheds light on how such offences constitute an evolved form of methods used in the manipulation of trust for illegal financial gains. This paper examines the International and domestic legal nets in place, focusing on the Budapest Convention on Cybercrime and the Information Technology Act, 2000. It also discusses key landmark cases such as Enron Scandal, Sony Pictures Hack, and Bernie Madoff Ponzi Scheme. The paper offers a conclusion by suggesting various legal reforms and the need for stronger corporate governance to tackle the ever-changing threat of modern white-collar crime.
