The Government of India will amend the Information Technology Act, 2000 to effectively deal with online data security, data privacy, identity theft, cyber-terrorism, child pornography, Spam, phishing and other online frauds.

The amendment Bill, which has been pending for two years now, will finally be taken up by Parliament in the winter session that resumes next week, according to director-general in the Union Communications and Information Technology Ministry Gulshan Rai.

Addressing the ongoing four-day Internet Governance Forum at the Hyderabad International Convention Centre here today, Rai said: "For the first time, we have tried to define cyber terrorism, child pornography, spam, phishing and online frauds. The amended legal framework will be in line with all the provisions of the European Cyber Convention."

Once in place, the new legal framework would address emerging issues in cyberspace, he said.

The body corporates would have to implement best security practices to secure data collected by them while providing services and any leakage of data would result in payment of compensation to the victims.