• SHAZILA SHAJAHAN
• MD Jiyauddin

A bank fraud is a purposeful act by any person in path of a banking transaction or in the bank's books of accounts, which results in unlawful profit to any individual for a temporary or otherwise, with or without any monitory loss to the bank. The expansion of information and communication technology has changed the whole globe into a global village, but it has also created a severe hazard to existing and established banking institutions, which is known as "Cyber Crimes." Proliferation of computers has posed a variety of challenges to the country's legislators and law enforcement organizations. Various records, such as printed records, signed records, original records, and so on, were required by legislative rules. The law of evidence is conventionally based on paper records, which must be proven in court through oral depositions and other types of physical evidence. As more transactions are conducted electronically, it is necessary to have evidence of transactions in order to demonstrate legal rights that flow from and derived from them. The Indian banking industry grappling with issue of proving digital and electronic evidence in a court of law. Cybercrime knows no geographical bounds and can damage any country on the planet. The use of information technology to modify the way people commit crimes; the law should not be a bystander but should adapt to the changing environment. In light of the changing environment, it was necessary to rewrite the existing legislation. The majority of Indian laws are focused on the physical environment, geographical boundaries, tangible papers, and records, and were either founded by British government or adopted after independence within first three decades. Everything is recorded in digits in the digital era, regardless of physical limitations. As a result of these repercussions, tough statutory rules are required to regulate illegal actions in the cyber world and to defend the technological advancement system. Taking legal action against cross-border elements and legal questions of jurisdiction presents a number of difficulties. There are other issues of conflict of laws and practical issues such as gathering evidence, extradition of offenders, and international mutual cooperation among countries involved. Without cooperation of other countries, no single government can establish laws to combat cybercrime on its own.

Cybercrimes, Information Technology, Banking fruads, Cyberspace, Legislation

"RIGHTS OF CONSUMER IN DIGITAL ERA ON E-BANKING AND SCOPE OF DIGITAL FORENSICS IN CYBERSPACE", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 3, page no.f124-f128, March-2023, Available :http://www.jetir.org/papers/JETIR2303513.pdf

"RIGHTS OF CONSUMER IN DIGITAL ERA ON E-BANKING AND SCOPE OF DIGITAL FORENSICS IN CYBERSPACE", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 3, page no. ppf124-f128, March-2023, Available at : http://www.jetir.org/papers/JETIR2303513.pdf