NEW DELHI: Efforts to combat
cyber crime received heightened attention, with
European and American experts participating
in a two-day seminar organised by the Indo-US
Cyber Security Forum recently.
In focus were a slew of hi-tech crimes like
identity thefts, which have emerged as a major
threat to the Indian business process outsourcing
(BPO) industry.
With the BPO industry having earned over $3.6
billion last year, experts felt the need for
comprehensive cyber crime prevention measures.
Former US official and currently eBay chief
Howard A Schmidt said: ‘‘We have developed
tools like eBay and eBay2Bar to cloud mark and
stop wrong e-mails.’’ He admitted that technology
does not offer a 100% solution for the problem.
Cyber crime incidents are spreading like wildfire.
In 2004, the UK lost about three billion pounds
to unauthorised access, penetration into computer
systems, data theft, virus attacks and financial
frauds. FBI chief Chris Swecker reported to
the US Senate Judiciary Committee that he ‘‘opened
1,081 investigations of identity thefts’’
and was carrying out over 1,600 ‘‘active
investigations’’.
In India, the security agencies lodged over
800 cases under the IT Act 2000 and Indian Penal
Code provisions, in 2002. In 2003, the number
fell to about 500 cases. Speakers from India
strongly believed most cases were not reported.
The 2004 figures are yet to be made available.
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