White collar crimes are on rise across the globe.
The main feature of white collor crimes is that they are financially
motivated, nonviolent in nature and are generally committed for
illegal monetary gain.
Cyber crime has become an important part of white
collor crimes these days. Through cyber crimes money of gigantic
proportions can be misappropriated that also with least risk.
Further, due to lack of cyber awareness, cyber crimes are committed
very successfully and most of the time the financial losses occurred
due to the same is irreversible.
According to Praveen Dalal, managing partner of
Perry4Law
and CEO of PTLB,
with the introduction and use of Hidden
Internet and Deep Web white collor crimes have taken a new
shape. The Law
Enforcement Technologies and methodologies are still
struggling to deal with basic level Cyber Crimes and highly
sophisticated Cyber Crimes are still not within the reach of Law
Enforcement Agencies.
The global consensus in this regard is shifting
towards use
of technology to fight cross border crimes and cyber
crimes. The use of technology
to fight drugs, human trafficking and illicit networks has
already been proposed be few thought it outcome is yet to be seen.
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