Cybercrime is the crime in which computer is the object of the crime. Common types of cybercrimes includes on line bank information theft, identity theft, Due to this consequences of cybercrimes there was need to adopt a strict law by the cyberspace authority. Cybercrimes can be basically divided into four categories. The cyber laws passed in India are Information Technology Act 2005, Indian Penal Code, Indian Evidence Act. Computer crimes are having drastic effect, on the world in which we live. Though judiciary is protecting the victim rights who are getting prey of hackers, of banks frauds new developing trends to cyber-crime need strict laws and strict punishments for such offences.