Cyber Crimes By Employees

In the present era of cyber world, we have witnessed an increasing dependency on technology, which has left us open to threats of cyber crime. Recent years have seen some of the biggest cyber crimes being committed in India, including the ones where corporate houses fell prey to the illegal actions of their own trusted employees. Citibank Mphasis BPO is one of the noteworthy cases where Mphasis became victim of cyber crime which resulted in huge monetary loss caused on account of greed of its own employees. With the increase in the tendency of misusing the technology, there has arisen a need for a comprehensive data protection law to regulate the criminal activities in the cyber world. In this regard, several efforts have been made in India to enact a comprehensive data protection law. In April 2011, a set of rules known as the Information Technology (Reasonable security practices and procedures and sensitive personal data or information) Rules, 2011 ("IT Rules") were