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    Group 1

    INFORMATION ANDTECHNOLOGY ACT, 2000

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    Overview1. IT Influence & Uses in Modern Era2. NASSCOM

    3. IT Act 2000

    4. Key Term Definitions

    5. Amendments in the IT Act, 2008

    6. E-Commerce, E-Governance, Cybercrime

    7. Impact of IT Act

    8. Comparative Analyses9. Debate

    10. Case Studies

    11. Suggestions and Recommendations

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    ITInfluence & Uses in Modern Era

    What exactly is information technology?

    IT has played an important role in transmitting the

    required information at a very high speed.

    The Home PC revolution and advent of internet

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    Areas PreIT period Post ITperiodData Transmission Data is transmitted physically. Data is transferred

    electronically.Paper work Huge Amount of paperwork. Reduction in paperwork.Time taken Lot of time was consumed for

    getting the work done.Time consumed is almost very

    less.Physical Labor There was a lot of involvement of

    physical labor.There is a considerable

    reduction in physical labor.Connectivity People were not able to connect

    with the people at other end of the

    world.

    People are able to connect with

    others even at the other end of

    the world.Sharing of

    InformationIt was not easy to share

    information with people who were

    at far off places.

    It is very easy to share

    information with people who are

    at far off places.

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    Widespread Uses of Internet

    Purchase of book through amazon.com

    Trading shares online through Sharekhan

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    NASSCOM

    Aims and Objectives

    1. Partner with Government of India and StateGovernments in formulating IT policies and legislation.Partner with global stakeholders for promoting theindustry in global markets.

    2. Strive for a thought leadership position and deliver

    world-class research and strategic inputs for theindustry and its stakeholders.

    3. Encourage members to uphold world class qualitystandards.

    4. Strive to uphold Intellectual Property Rights of itsmembers.

    5. Strengthen the brand equity of India as a premierglobal sourcing destination.

    6. Expand the quantity and quality of the talent pool in

    India.

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    NASSCOMs Role in Indian IT Sector

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    NASSCOM proposes new Identification

    Method

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    Information Technology Act, 2000 Structure of the Act

    Main Chapters

    CHAPTER I : PRELIMINARY

    CHAPTER III : ELECTRONIC GOVERNANCE

    CHAPTER VI : REGULATIONS OF CERTIFYINGAUTHORITIES

    CHAPTER VII : DIGITAL SIGNATURE CERTIFICATES

    CHAPTER VIII : DUTIES OF SUBSCRIBERS

    CHAPTER IX : PENALTIES AND ADJUCATION

    CHAPTER X : THE CYBER REGULATIONS APPELLATETRIBUNAL

    CHAPTER XI : OFFENCES

    CHAPTER XII : PROVISIONS FOR NETWORK SERVICEPROVIDERS

    CHAPTER XIII : MISCELLANEOUS

    Amendment Schedules

    AMMENDMENT OF THE IPC 1860 AMMENDMENTS TO THE INDIAN EVIDENCE ACT 1872

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    Objectives of the Act

    1. To facilitate and give legal sanctions to electronicfund transfers between banks and financialinstitutions.

    2. Electronic signature which requires authentication ofany information or matter which requires any

    authentication under any law must be given legalrecognition.3. Facilitating electronic data storage4. Electronic document filings by Government

    Departments must be facilitated

    5. To give legal recognition for keeping books ofaccount by bankers in electronic forms.

    6. It aims to provide a legal framework so that the legalsanctity is accorded to all electronic records andother activities carried out by electronic means.First case to be prosecuted under IT Act

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    Key Terms under the IT Act, 2000

    1. Computer

    2. Network

    3. Computer System4. Asymmetric Crypto System

    5. Cyber Security

    6. Electronic Signature

    7. Intermediary

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    Key Areas of IT Act, 2000

    The highlights of Information Technology Act,2000 are:-

    1. Legal recognition of electronic signatures andelectronic documents.

    2. Various types of cybercrimes defined and justicedispensation systems for cybercrimes.

    3. Empowerment of Police Officers and other

    Officers to investigate any public place andarrest without warrant.

    4. Amendments in Indian Penal Code, IndianEvidence Act, Banker's Books Evidence Act and

    Reserve Bank of India Act.

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    Amendments to IT Act, 2008

    1. Liability of body corporate towards SensitivePersonal Data

    2. Introduction of virus, manipulating accounts,denial of services etc made punishable

    3. Phishing and Spam

    4. Stolen Computer resource or communication

    device5. Misuse of Electronic signature

    6. Cheating

    7. Cyber terrorism

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    E-Commerce

    Universal Internet access

    E-Commerce in India in2000

    Rs. 1,200 Crore E-Commerce in India in

    2010

    Rs. 31,598 Crore

    Source: Ministry of Communication and IT

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    Cyber Crime

    Cybercrime can be categorized in two ways:

    1. Crimes with computer as a target

    2. Crimes utilizing computer as a weapon

    The subject of Cyber Crime may be broadlyclassified under the following three groups

    1. Offences against individuals2. Offences against organizations

    3. Offences against society at large

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    Major Provisions and Penalties under IT

    Act, 2000

    Sec 43: Damage to Computer Systems etc Compensation of Rupees One CroreSec 66: Hacking (With intent or knowledge) Fine of two Lakh Rupees, and Imprisonment for 3

    yearsSec 68: Publication of Obscene material in e-

    formFine of 1 lakh Rupees, and imprisonment of 5

    years, and double conviction of second offenceSec 70: Attempting or Securing access to

    computerImprisonment upto 10 years

    Sec 72: For Breaking Confidentiality of the

    information of computerFine upto 1 lakh, and imprisonment upto 2 years

    Sec 73: Publishing false electronic signature,

    false in certain particularsFine of 1 lakh, or imprisonment of 2 years or both

    Sec 74: Publication of electronic signature

    for fraudulent purposeImprisonment for the term of 2 years and fine for 1

    lakh Rupees

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    Visible Impact of IT Act

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    Cyber Crimes Statistics in India

    1. Cyber Crimes (IT Act + IPC Sections) increasedby 22.7% in 2007 as compared to 2006 (from453 in 2006 to 556 in 2007)

    2. Cyber Forgery 64.0% (217 out of total 339) andCyber Fraud 21.5% (73 out of 339) were themain cases under IPC category for CyberCrimes.

    3. 63.05% of the offenders under IT Act were inthe age group 18-30 years (97 out of 154) and55.2% of the offenders under IPC Sectionswere in the age group 30-45

    years (237 out of 429).

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    IT in Banking Sector

    1. Increased operational efficiency, profitability &

    productivity2. Superior customer service

    3. Multi-channel, real-time transaction processing

    4. Efficient NPA(Non-Performing Asset) and riskmanagement

    5. Minimal transaction costs

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    Comparative Analysis: India & Singapore

    INDIA SINGAPOREInformation Technology Act, 2000Rules for Information Technology Act,

    2000

    Computer Misuse Act, 1998Defamation Act, 1957 (Amended in

    1985)Electronic Transaction Act, 1998Information Communications

    development Authority of Singapore

    Act, 1999

    Spam Control Act, 2007

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    Statistical Comparison

    Singapore India

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    Top 3 computer crimes in both countries,

    2008

    COUNTRY 1ST CRIMECATEGORY

    2nd CRIME

    CATEGORY3RD CRIME CATEGORY

    INDIA Phishing(Fraud) Virus/Malicious

    Code(Hacking)

    Website Compromise &

    Malware

    Propagation(Hacking)SINGAPORE Hacking Fraud Intellectual Property Theft

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    Case Studies

    1. UTI Bank Hooked Up In A Phishing Attack:January 15th 2007

    2. Avnish Bajaj vs. State (N.C.T.) of Delhi, 2005

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    DEBATE

    Suggestions and Recommendations

    1. Maintaining Government documents inElectronic form

    2. Stricter Anti-Spam Law3. Regulatory control against Cyber Terrorism

    4. Greater role of RBI

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    Bibliography

    1. Law of Cyber Crimes and Information TechnologyAct S V Joga Rao

    2. Business Law for Management K R Bulchandani

    3. Anamika Saxena (LLM) for primary data

    4. http://www.ibef.org/industry/informationtechnology.aspx

    5. http://indiafacts.in/statistics/cyber-crimes-statistics-in-india/

    6. http://www.kpmg.com.sg/publications/forensics_FraudSurvey2008.pdf

    7. http://www.cyberlawconsulting.com/cyber-cases.html

    8. http://online.wsj.com/article/SB10001424052748704

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    THANK YOUGroup Members:

    ANANTH H. IYERALMALIK RAJPARI

    AMRISH DOLAS

    ABHYUDAI YADAV

    BENCY FERNANDES

    DHARMENDRA SIPANI

    KAUSTUBH LELE

    NITIN UPADHYAY