T. Vanitha, B.C.A.LLB, LLM (Pursuing), The Tamilnadu Dr. Ambedkar Law University
Ms. T. Vaishali B.A. (Eng Lit), LLM., NET., Ph.D (Pursuing) Assistant Professor of Law
V. Viduthalai Virumbi, B.C.A.LLB, LLM (Pursuing), The Tamilnadu Dr. Ambedkar Law University
ABSTRACT
Economic offence is an illegal act committed to achieve a financial gain and it also forms a separate category of criminal offences in our country. The Economic crimes are committed by an individual have a serious repercussions on the National economy as well as the national security. Among economic crimes one such is the Cyber enabled economic crimes which is recently used as a tool for committing crimes in large scale. The term Cyber-enabled economic crimes refer to the crime which facilitate or amplified through the use of digital technology. The cyber-enabled economic crime has a high impact on the global economy as it exploits the digital platforms to reach unprecedented scales affecting individual and the government worldwide. The various cyber- enabled economic crimes includes cyber economic terrorism, cyber economic extortion, cyber warfare etc. These crimes present a complex threat to the global economy. The paper discusses about the various ways of cyber-enabled economic crimes committed in a country and its impact to the global economy. It also discusses about the regulatory framework to mitigate these risk and to protect the integrity of the global economy.
Keywords: Cybercrime, Economic crime, National security, Data protection
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