The Cyber world is ever-changing, growing fast and makes almost anything accessible at one click of a button. It has created many opportunities and made communication easier and people from different parts of the world have access to each other instantly and remotely. Cyber forums are proving to be accessible. Electronic data is a relatively secure data today. Ironically, electronic data can be very dangerous, if leaked. Cyber Law aims to regulate the use and prevent the misuse of electronic data. Cybercrime and fraud constitute a major part of organized crime, known as the ‘white collar crime’. It is very difficult to prevent or investigate as criminals at work are experts in the trade. They are smart, trained and most of the time educated and make sure they do their best in the trade. Cybercrime can have economic, social, and political repercussions. This paper is about those online worlds with its advantages and disadvantages to society.