1st Edition

Cybersecurity, Law and Economics The Case of India

    232 Pages 8 B/W Illustrations
    by Routledge

    This book examines the intersection between cybersecurity and the law and economy of India, and offers a course of action in designing efficacious policies against emerging cybercrimes in the country.

    It reviews the boom in infrastructure growth in India and the security challenges this presents to the domestic economy and legal system. Contributors conduct a risk assessment of the potential economic impacts and security vulnerabilities, as well as identify the current regulatory and legal gaps regarding cryptocurrency, ecommerce and digital banking. The book also considers the subject of data localisation and sovereignty, and the challenges of establishing an indigenous data architecture. By discussing the economic impact of cybersecurity and incorporating recommendations from scholars, activists, academics, young legal intellectuals, and professionals in the field, the chapters propose new measures and protections for lawmakers and policymakers to adopt.

    This book is a volume of interest to researchers and students of cybersecurity, law and economics, and international relations as well as Indian policy makers.

    Part 1: Introduction
    1. The Intersections between Cyber Security, Law, and Economics
    Narendra N. Dalei
    Part 2: Cyber Security Risk and Economic Impact
    2. Understanding the global landscape of cyber security risks, economic impacts, and challenges: Lesson for India
    Narendra N. Dalei; Vinay Kandpal
    3. Examining the impact of Cyber fraud on Indian society: An assessment of the potential damage
    Subhra Rajat Balabantaray
    4. Perception of Investment Behaviour in the Light of Corporate Frauds with Special Reference to India
    A. Lakshmana Rao; G. Ramakrishnan; Nikhil Kulshresta
    5. Legal Framework of Cyber Crimes Against the E- Banking in India
    Reena Roy; Anil Kumar Dixit
    6. Economic Impact of Perceptible Benefits and Adverse Sides of Blockchain in Bancassurance along with Cyber security
    Diksha Verma, Pooja Kansra, Sushanta Kumar Mahapatra
    Part 3: Cyber Crime, Law and Technology
    7. Quashing the Cyber Crime and Putting Up the Consumer Confidence in E-Commerce
    Anshima; Bhawana Bhardwaj; Dipanker Sharma
    8. Application of Activity Theory in Technology Law
    Manuj Darbari; Naseem Ahmed; Abhishek Kumar Singh
    9. Reporting Cybercrime: A Bird Eye View of Procedural Framework
    Sandeep Mishra; Pradeep Kumar Singh; Jai Shankar Ojha
    Part 4: Cryptocurrency and Cyber security
    10. The Intersection of Cryptocurrency and Cyber security: Challenges and Opportunities
    Garima Kohli; Saloni Devi
    11. Unveiling Cryptocurrency Unfolding The Hubbub Around Cryptocurrency
    Pradeep Kumar Singh; Sandeep Mishra

    Part 5: Data Localisation Policy and Online Dispute Resolution
    12. Policing the Virtual Reality’ and Promising the Cyber Peace – An Impending Need for Integration of Cyber Security
    Madhuri Irene
    13. A primer on data localisation policy in India
    Anjali Tandon; Devender Pratap


    Gagandeep Kaur is an associate professor of law at the School of Law UPES, Dehradun, India.

    Narendra N. Dalei is an associate professor of economics, and associate director of research at the Central University of Himachal Pradesh, India.

    Sushanta Kumar Mahapatra is an associate professor of economics at The ICFAI Foundation for Higher Education Deemed University, Hyderabad, India.

    Vinay Kandpal is a professor (research) at Graphic Era University, Dehradun, India.