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Showing posts with label Education. Show all posts
Showing posts with label Education. Show all posts

Wednesday, 8 January 2014

An Introduction to Cyber Law

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In the current age, a thief can steal more precious stuff with a computer than with a gun. The exponential growth in e-commerce, online stock trading, and sharing of pictures and personal information has led to a rise in the amount of criminal activities on the internet. These illicit activities are all part of the cyber world, a world where unlawful acts are committed using computers. Computers in such cases are either used as a tool to steal or can be the target. The following article discusses about laws against internet crime and the law colleges in India teaching cyber law.

 
What is Cyber Crime?
The misuse of computers has given birth to a range of new age offenses that are addressed by the Information Technology Act, 2000. Any unlawful action in the virtual space considered felonious is referred to as cybercrime. It can include criminal activities like theft, forgery, fraud, mischief, and defamation. All these are subject to Indian Penal Code. Cybercrime can be reported against individuals, entities, property and governments. There is also a unique kind of cyber terrorism doing the rounds these days. 

 . Cybercrime against people can include broadcast of child pornography, harassment via e-mail, and spreading of obscenity.

 . Cybercrime against property can include vandalism of the computer, stealing confidential data, robbing of funds from banks and other financial institutions, and diffusion of harmful programs.  

. Cybercrime against government may include cyber terrorism. This category consists of cases where cyberspace is used to threaten national or international governments and terrorize citizens. The crime turns more serious when the person or group breaks into a military or government-run website.

The need of cyber laws in India 
During the genesis of the internet, nobody had inkling that the virtual world could pose as a threat to the security of people and property. Today, the internet is part of the fast-permeating revolution that can be abused for criminal deeds and so it has to be regulated.

Anonymity and concealment are the biggest reasons why an increasing number of crimes are happening over the internet.  It is probable for one to engage in criminal acts with impunity. That is why some intellectual people have been misusing this facet to propagate unlawful undertakings. In order to safeguard the citizens and their sanctity, there need to be proper cyber laws in India.

The significance of cyber laws
Cyber law is extremely important as it touches practically all the aspects of monetary transactions and other events going on across the Internet, namely the cyberspace and World Wide Web. It may initially appear that the field of cyber laws is technical and that law does not have any connotation of virtual actions. However, it should be understood that all activities in the cyberspace have certain legal perspectives that can help those being victimized.

How does cyber law concern me?
Cyber laws concern all those using the internet, which practically includes everyone. With the uses of internet increasing day by day, the dynamic nature of the digital medium makes it the most advanced means of networking and communication. All the actions taking place have a legal standpoint.

From the moment you register the domain name for a site to the time you actually set it up and start its promotion, you have to know that there are legal issues attached to every move you make. Whether sending and receiving electronic mail, posting defamatory content on social networking sites or making electronic commerce transactions, there are numerous cyber law issues that can put you in a tight spot if you are on the wrong side of the law. In a contrasting situation, you can also make use of these laws to seek help against illegitimate activities concerning you.

It is likely that some people are least bothered about safety on the internet as they may feel distant and that the happenings in the virtual world may not impact them. However, sooner or later they will have to pay heed to what cyber law experts and other professionals say. The law fraternity is promoting the field of cyber law as it is an upcoming field. This can be said by gauging the volume of traffic of websites and load on the World Wide Web. The country needs lawyers and cyber law experts who can stand up for the victims of cybercrime. The field is soon going to witness a boom and there will be a sudden need for qualified professionals.

There are various top law colleges in India that teach law courses concerning internet crime. The following are some of the finest law colleges of India –



National Law School of India University – Based in Bangalore, this institute has been ranked as the best law institute in India. It offers Post graduate diploma in cyber laws and cyber forensics. It also offers other law programs like B.A. LL.B. (Hons.), LLM - Master of Laws, M.Phil. (Master of Philosophy), LL.D. - Doctor of Laws and Ph.D. - Doctor of Philosophy. 

National Academy of Legal Studies and Research University – NALSAR University of Law, Hyderabad, is presently ranked second among the law universities of India. Set up in the year 1998, this esteemed college offers Post Graduate Diploma in Cyber Law. It also offers LL.B. courses, LL.M., M.Phil., PhD, and many exchange programs.

National Law Institute University – Based in Bhopal, this law school was set up in the year 1997. It offers M.Sc. in Cyber Law and Information Security (M.S.C.L.I.S). It also teaches B.A., LL.B (Hons.), and LL.M. degree courses.

Author bio: Devika Arora is a prolific writer who compiles relevant facts and analyzes the current state of affairs pertaining to the domain of education in India. She is currently writing informative articles, news stories and blog posts on Indian educational institutes and the various courses offered by them like art courses, media courses, medical colleges, various B.Ed colleges and many more. The above article discusses about Indian law colleges teaching cyber law.


Posted By : Blogger Chargers00:27

Thursday, 5 December 2013

Mortgage agent license: crucial to launch career successfully

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A mortgage agent works as agency between the lender and the buyer. Most of the states require the mortgage agent to be licensed. States control lending rates and licensing, but rules can vary from state to state. A license is required for those who wish to be broker associate or a direct lender. 
A mortgage agent is associated and registered with a state and punishable by the law if any type of fraud is detected in the entire life term of a loan. The position of mortgage agent is moral, legal and professional. A mortgage agent discloses all the terms and conditions to both lender and consumer clearly. 
Mortgage agents should be licensed through National mortgage license system. The purpose is to enhance and improve the supervision of industry, to create consistency for license requirements, better communication and to automate the process of licensing. 
Qualification/Experience Requirements of a licensed Mortgage Agent
· Person should be from Marketing or sales background. Also banking background can be also very helpful for a Mortgage agent. 
· Person should have good knowledge of lending rates, terms and conditions and lending institutes which provide the loans.
· Person should be very familiar with the credit-worthiness and credit reporting criteria. 
· Person should be proficient in mathematics and having very good writing and verbal and interpersonal skills.  
1. Mortgage agents are professional and licensed by the state in which they work. They have very high level of professionalism and have all the developments and offerings in the industry. 
2. Mortgage agents should have established place for business. Mortgage agents have chosen mortgage agent as his/her career and given their commitment for the long term to industry. 
3. Mortgage agents have a good range of products in order to meet the customer needs – independent lenders, mortgage banks, private sources. Lender only deals with the broker after completing the selection process, interview, reference checking and obtain a copy of agent license. 
4. Mortgage agent should have good interpersonal skills and should have very good rapport. Because it is all about the trust, relationship and credibility of a mortgage agent. 
5. Mortgage agent’s professional job is to come ahead to the forefront, learn about the new array of products currently in the market which are available and best suit the needs of their clients. Normally, a mortgage agent gets the referral fee which is paid by the lender instead of the client. The responsibility of mortgage agent is to provide the best interest rates to ensure that the homebuyer will get the best interest rates from lending institutions and they don’t need to negotiate with them. 
In fact, a survey shows that mortgage agents save customer’s money by providing lower rates of interest. A mortgage agent accesses the needs of customer and then carefully takes decisions on behalf of the customer to get the best rates, such as variable versus fixed rates, or lump sum amounts. A mortgage agent also help the customer and guide to complete the process for submitting applications, supporting documents required by the lending institutes. If there is any confusion in the terminology, your agent will help to explain the information providing in the terms and conditions set by the lender and steps required to close the transaction.

Posted By : Blogger Chargers00:49