CASE STUDIES AS PER IT ACT SECTION-43

PRESENTATION BY GROUP NO. 7

SOORYA
SHASHI
JAISAL
DEEPIKA
SIRAJ
SHRINIVAS
RAWAT
SHAJAN
RAJSHEKHER

ABOUT IT ACT SECTION-43

Penalty and compensation] for damage to computer,

omputer system, etc. If any person without permission
f the owner or any other person who is In charge of a
omputer, computer system or computer network

esses or secures access to such computer, computer system

omputer network
wnloads, copies or extracts any data, computer data base or information
m such computer, computer system or computer network including
ormation or data held or stored in any removable storage medium
rupts or causes disruption of any computer, computer system
computer network

PENALTIES UNDER THIS ACT

Penalty for Damage to Computers,System,ETC:

penalized under sec 43 Shall be liable to pay Damages
by way of compensation not exceding one Crore Rupes to
the person so affected.
Penalty for misrepresentation:
penalized Under sec 71 with Imprisonment for a Terms
which may Extend to two years, or with Fine which may
Extend to One Lakh Rupees or with Both
Penality for publishing digital Signature Certificate
false in Certain Particulars: Under Sec 73 Shallbe
Punished with Imprisionment for a term which may extend
to two Years or with a fine which may extend to One Lakh
Rupees or with Both

PURPOSE OF THE ACT

The Information Technology
Act,2000

To Provide Legal Recognition For

Transactions

By Means of electronic data Interchange

Electronice Communication
Electronice Commerce

ABOUT THE CASE STUDY

Case is Based upon the Mischievous Activities of Four Employees who work in
ll Centre operated by Mphasis.
Four Employees Mutually Decided to obtain pincodes of Customers of Mphasis
y were not authorised to Obtain data from the Company Database
then also they Successfully obtained the Pincodes of the clients who were havin
re bank account in CITI Group
r this they opened a Bank account using Fake Identities in an Indian Bank
in two months they Used the Unauthorised Data/Pin/Account Details of CitiGroup
tomers and transfer some huge funds to there Fake Bank Account

THIS IS HOW THIS PEOPLE COMMITED AN IT CR

IT Act Section-43

CRIME INVOLVED
According to the IT Act Section-43

They have committed a crime by Using Computer

and Computer Network for Unauthorised Access
They Have downloaded/Copied/Extracted
Unauthorised Data/Information

CIVIL CRIME INVOLVED

Giving Fake Identity Proof to a Bank for

Opening
a Saving/Current Account
Bank A/C Passbook is a statement which is
also used for a Address Proof in India, using
this Fake Bank Account they can also commit
Some other crime in Future

HOW THEY GOT CAUGHT

The CitiGroup Customers where Annoyed with the

strange Fund transfer to a Indian Bank Account
After the Complaints the Cyber Crime Department
was keeping an eye in this Indian Bank Account and
was Just Waiting for a Withdrawal
On April 2005, the Indian Police tripped off to the
Scam and Quickly Identified the Individuals
Arrests were made
Total 4,26,000 $ was Stolen by this Employees and
only 2,30,000$ was successfully Recovered

RECOMMENDATIONS

Do not Share Your Account Details

Do not Share your Pin code
Do not Share Your ATM Details (Card
no. Card Validity & CCV Code )
Change Your Pin/Password In regular
Interval
Never Use Public Computers for Bank
Transaction (Cyber Cafe)