Cyber Crime is defined as any criminal activity which uses network access to commit a criminal act. It is an evil having its origin in the growing dependence on computers in modern life. In an age when everything from microwave ovens and refrigerators to nuclear power plants is being run on computers, cyber crime has assumed rather sinister implications. Cyber crimes differ from terrestrial crimes in many ways: they are easy to learn how to commit; they require few resources relative to the potential damaged caused; they can be committed in a jurisdiction without being physically present in it; and they are often not clearly illegal. On such a basis, the new forms of cybercrime present new challenges to lawmakers, law enforcement and agencies, and international institutions. This necessitates the existence of an effective supra-national as well as domestic mechanisms that monitor the utilization of ICTs for criminal activities in cyberspace.