Cybercrimes are criminal activities performed on internet platforms or using internet-based services. They are considered one of the emerging threats that have impacted peace and tranquillity in the society.
Types of cybercrime:
1. Distributed Denial-of-Service (DDoS) Attacks: These are used to make an online service unavailable and take the network down by overwhelming the site with traffic from a variety of sources.
2. Botnets: Botnets are networks from compromised computers that are controlled externally by remote hackers.
3. Identity Theft: This cybercrime occurs when a criminal gains access to a user’s personal information.
Measures To Tackle Cybercrime:
1. Need for Collaborative Trigger mechanism to bind all parties and enable law enforcers to act quickly and safeguard citizens and businesses from a fast-growing menace.
2. Indian Cyber Crime Coordination Centre will assist in centralising cybersecurity investigations, prioritise the development of response tools and bring together private companies to contain the menace.
3. Need for Data Protection Law: In the 21st century, there is a requirement for a stringent data protection regime.
Given the current era's reliance on information technology, governments must develop basic capabilities in cybersecurity, data integrity, and data security, as well as establish tough cybersecurity regulations to protect banks and financial institutions.