The internet has made all types of information readily available, and this wealth of knowledge has opened up a whole new world of problems: cybercrimes. Despite the enactments of various legislation at both national and international level, cybercriminals are still mostly unpunished. The continued development of new technologies and mechanisms to protect anonymity on the Internet makes finding any response much harder. The lack of a common definition further impedes the finding of a global solution to eradicate the phenomenon. This creates an enforcement gap that allows cybercriminals to operate with near impunity. Over the years, the EU has taken steps to develop an adequate legal framework to strengthen the existing legislation. This chapter discussed that in EU, the adoption of The Cybersecurity Act 2019 would be enough to resolve some of the lingering issues of cybercrimes.
|Title of host publication
|Handbook of Research on Theory and Practice of Financial Crimes
|Place of Publication
|Number of pages
|Published - 24 Mar 2021