Cybercrimes are becoming more commonplace and sophisticated every day, and they can cause serious damage to private citizens and businesses. National efforts are being executed to fight cybercrime, but some states are working on their own plans.
The aftermath of demonetization in India
One year ago, India made a bold and controversial move. In an attempt to thwart “black money”—which encompasses undeclared wealth, counterfeit banknotes and networks that finance terror activities—the government banned all 500 and 1,000 Rupee notes from use. The hope was that criminals—wanting to avoid exposure—would be afraid to exchange their cash in for smaller denominations and would instead be stuck with heaps of worthless paper.
