Online Financial Frauds And Cyber Laws In India -An Analysis

Upasana Ghosh · RePEc: Research Papers in Economics · 2021

With the advancement of technology, data protection and data privacy have become a major concern. People are mostly occupied by the internet, computer and mobile phones nowadays. From buying medicines, cosmetics, grocery items, food, clothes etc, or finding a groom or bride, or managing finances, people are dependent on online apps or websites, which often lead to breach of private data if not used cautiously. Data protection is now under threat by the interference of strangers. Thus, in this study, an attempt has been made to explore the viewpoint of the netizens on online financial transactions and whether the existing cyber laws in India are giving sufficient protection to the right of privacy and confidentiality of the netizens. Key Words: technology, internet, cyber security, financial frauds, law, netizens

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