Correlation of Cyber Crime and Demonetization

Cybercrime is crime that involves a computer and a network. The computer may have been used in the commission of a crime, or it may be the target. Issues surrounding these types of crimes include hacking, copyright infringement, unwarranted mass-surveillance, child pornography, and child grooming. Cyber security is the area that deals with protecting from cybercrime. It requires coordinated efforts throughout an information system. This paper discusses the correlation of Cyber Crime and Demonetization and also the impact of demonetization on Cyber Crime. Cyber security is the protection of computer systems from the theft or damage to the hardware, software or the information on them, as well as from disruption or misdirection of the services they provide. Demonetization is the act of stripping a currency unit of its status as legal tender. It occurs whenever there is a change of national currency. The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes.