Abstract

Cyber space industry has made massive profit during this pandemic with everything going online along with the electronic industry in India , Today , Asia has the maximum population playing video gamers, the gaming industry is earning in billions , digital education , digital economy , work from home everything went online over night , which gave rise to cyber crime cases in India . India data is vulnerable and there is no cyber law which talks about privacy , more than 50% of the population lost their sensitive information online , there was cases of online job frauds and debit and credit fraud . The cyber law in India requires reform where phishing and cyber warfare are given legal protection in India , DATA protection , privacy and spamming requires legal attention . Banks are sensitive to cyber criminal because of the poor cyber security system and not so strong cyber laws which has affected the economy , people have lost many in lacs in these months , The cases of risen in 2020 to 2021 . India also needs to upgrade its cyber security policy and bring in professional in this field.

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