IT and cyber frauds in Indian companies has tremendously increased in India. One of the main reasons for the same is that companies in India are not performing cyber law due diligence in India and cyber security due diligence in India.
Further, social media laws in India and social networking laws in India have brought their own share of troubles for companies. Cyber law on social media and networking sites in India is pretty stringent and employees of a company may violate the same intentionally or unintentionally. Internet intermediary law in India and cyber due diligence cannot be taken lightly in India anymore.
See PTLB Blog for more.