Bibha Gupta, LLM (Business and Corporate Law), REVA University
ABSTRACT
Banking is the world's oldest form of trade and business, with exploring the relationships back to ancient India. The previous century's last decade [1990–2000] was called the "Information Technology Revolution Decade." These technological advancements, particularly in information technology, have enabled the transition from paper to paperless banking transactions. As a result, traditional banking has given way to electronic banking, also known as e-banking.
Information technology is a good example of what has been said previously. The advancement of information technology has also brought with it plenty of new issues for society to deal with. The cyber threat landscape evolves over time, and this must be taken into account while developing prevention measures.sThe rapid spread of telecommunications, computers, and other technologies in the information age has resulted in new types of global crimes known as "Cyber Crimes." Cybercrime has virtually no limits and can damage any country on the planet. The rise of cybercrime around the world serves as a clear warning for the next years, posing one of the most difficult issues for law enforcement.
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