Cyber Law is the law governing computers and the Internet.
In today's highly digitalized world, almost everyone is affected by cyber law. Let us take a few examples:
Almost all transactions in shares are in demat form.
Almost all companies extensively depend upon their computer networks and keep their valuable data in electronic form.
Government forms including income tax returns, company law forms etc are now filled in electronic form.
Consumers are increasingly using credit cards for shopping.
Most people are using email, cell phones and SMS messages for communication.
Even in "non-cyber crime" cases, important evidence is found in computers / cell phones e.g. in cases of divorce, murder, kidnapping, tax evasion, organized crime, terrorist operations, counterfeit currency etc.
Cyber crime cases such as online banking frauds, online share trading fraud, source code theft, credit card fraud, tax evasion, virus attacks, cyber sabotage, phishing attacks, email hijacking, denial of service, hacking, pornography etc are becoming common. Digital signatures and e-contracts are fast replacing conventional methods of transacting business.