http://mielesecurity.blogsome.com/2005/07/13/the-organized-cyber-crimes/ Information Security, Compliance and Regulatory Standards, Training & Certification Fri, 08 Jan 2010 23:51:22 +0000 http://wordpress.org/?v=1.5.1-alpha http://mielesecurity.blogsome.com/2005/07/13/the-organized-cyber-crimes/#comment-4 Mon, 18 Jul 2005 11:42:11 +0100 http://mielesecurity.blogsome.com/2005/07/13/the-organized-cyber-crimes/#comment-4 Too true - Indian cyber laws still lack the 'teeth' to dissuade potential hackers with malicious intent - it is still difficult to prove the burden of guilt in a court of law, and the penalties still leave a lot to be desired. But if our Western cousins are setting any precedent, it is that cybercrime needs to be taken seriously to support ecommerce initiatives. As soon as big business starts feeling the pain, this will be reflected in changes in legislation - through their lobbying agents. Case in point - the Indian PM recently chaired a meeting to discuss the implications of the BPO fraud and stolen client data crimes on the BPO industry's credibility and standing. Its now a matter of time really when we can expect new legislation to be tables in Parliament. We have some precedents for inspiration to our lawmakers - the European Safe Harbour Policy and Data Directive, the Australian Privacy Act, the Calfornia Privacy Act, etc. Keep your fingers crossed!!! RiOn Too true - Indian cyber laws still lack the ‘teeth’ to dissuade potential hackers with malicious intent - it is still difficult to prove the burden of guilt in a court of law, and the penalties still leave a lot to be desired. But if our Western cousins are setting any precedent, it is that cybercrime needs to be taken seriously to support ecommerce initiatives. As soon as big business starts feeling the pain, this will be reflected in changes in legislation - through their lobbying agents. Case in point - the Indian PM recently chaired a meeting to discuss the implications of the BPO fraud and stolen client data crimes on the BPO industry’s credibility and standing. Its now a matter of time really when we can expect new legislation to be tables in Parliament. We have some precedents for inspiration to our lawmakers - the European Safe Harbour Policy and Data Directive, the Australian Privacy Act, the Calfornia Privacy Act, etc. Keep your fingers crossed!!! RiOn

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