We are witnessing a paradigm shift in communication technology and
the internet has affected every aspect of your lives. The internet has fast
developed into one of the important commercial and educational
communication mediums of the modern world. The unlimited possibilities of
the web, has wooed all kinds of entrepreneurs to explore the online medium
for expanding their businesses. Ecommerce has evolved a great deal and is
viewed as an efficient and economical way of conducting business. However
the anonymous nature of the internet media has also contributed to security
concerns, theft of intellectual property, identity theft and privacy
concerns among other related problems like hacking, snooping etc. With
computers invading the health care, insurance and other important sectors
of our life, concerns over privacy and security of data have become all the
more pronounced. Over the years regulatory restrictions have been enforced
and are continuously being refined to make the internet a safe and secure
place to learn, communicate and do business with. Let us discuss in a
little detail these various issues concerned with the use of internet, and
in the process look at the laws and other regulatory measures that are in
The free nature of the internet implies that anyone could use the
medium to obtain or steal confidential information about others and use it
for personal gains. This theft of information or gathering information
without the consent of the user is a big problem on the internet. With
ecommerce flourishing rapidly, identity theft has become an annoying
problem. Though current encryption systems provide good security to
sensitive data like credit card information when they are on transit, we
are still very concerned about the safety of these sensitive data store on
the ISP servers. There are a growing number of instances every year where
hackers have successfully ...