In contemporary era of the communication convergence,
online money transaction, e-banking, e-shopping, internet auction, internet
lottery, data conservation, data transfer to online ticket booking and in
almost all aspects of our life, we have to walk on the superhighway. So, we
have to go through cyberspace.

The most complex challenges faced by the government
and law enforcement agencies since 1960s in the cyberspace are cyber fraud and
other cyber crimes. This may be because the business world, financial sector
etc. were the most popular users of computer and internet from the early times
of new multimedia technology.

The cyberspace becomes a media for the fraudster where
the victims generally cannot recognise the accused. Therefore, cyber fraud
becomes the most pervasive form of white collar crime worldwide.

Various instances show us that cyber fraud is
increasing day by day and there is immediate need to prevent and control this
complex problem worldwide. Yet the significant problem cyberspace is
unspecified and undefined jurisdiction. Therefore, application of laws, rules,
and regulations are in shambles in the world today.

Due to liberalisation and globalisation India is also
now well equipped to face e-commerce and e-governance. As in natural world, in
cyber world also we are facing challenge from criminals and that is why India
has adopted several security measures, enacted the Information Technology Act
2000 ; and Rules 2000 ; as well as constituted several bodies e.g., NASSCOM and
Cyber Crime Cell in several states for example in Delhi, Kolkata, Mumbai,
Bangalore, Pune and Hyderabad. Like other crimes cyber fraud also is increasing
day by day.

Nowhere it is safe whether the UK, the USA, Russia,
Canada, Israel, Australia, Pakistan, Bangladesh or India. Though we do have our
own laws but jurisdiction in cyberspace cannot be defined or specified and it
has become the cause of causes the major problem in cyber world.