(28)What are the advantages of Cyber Law?

Answer:

Following are some of the advantages of cyber law from the perspective of e-commerce transactions in India:

(1)Electronic Record:

• The act recognizes ‘electronic record’ as evidence and provides ways to deal with cyber-crimes.

(2)Email Communications:

•  Email would now be a valid and legal form of communication in India that can be duly produced and approved in a court of law.

(3)Digital Signatures:

•  Digital signatures have been given legal validity and sanction in the Act.

(4)Digital Signature Certificates:

• The Act allows corporate companies in the business of being Certifying Authorities for issuing Digital Signatures Certificates.

(5)E-governance:

• The Act allows web based notification by Government thus promoting e-governance.
• The Act enables the companies to file any form, application or any other document in electronic form as may be prescribed by the appropriate Government.

(6)E-Commerce:

• The IT Act also addresses the important issues of information security to promote e-commerce.

(7)Statutory Remedy:

• Act provides statutory remedy (in the form of monetary damages not exceeding Rs. 1 crore) in case if anyone breaks into their computer systems or network and causes damages or copies data.