“electronic
device”
means
a
device
which
accomplishes
its
purpose
electronically.
This
includes
,computer
systems,
telecommunication
devices,
smart
phones,
access
cards,
credit
cards,
debit
cards,
loyalty
cards
etc;
“electronic
record”
means
a
record
generated,
communicated,
received
or
stored
by
electronic,
magnetic,
optical
or
other
means
in
an
information
system
or
for
transmission
from
one
information
system
to
another;
“Electronic
transfer
of
fund”
means
any
transfer
of
funds
which
is
initiated
by
a
person
by
way
of
instruction,
authorisation
or
order
to
a
bank
to
debit
or
credit
an
account
maintained
with
that
bank
through
electronic
means
and
includes
point
of
sales
transfers,
automated
teller
machine
transactions,
direct
deposits
or
withdrawal
of
funds,
transfer
initiated
by
telephone,
internet
and
card
payment;
“Expired
Card”
means
a
card
which
is
no
longer
valid
because
the
term
shown
of
it
has
expired;
“Financial
Institution”
includes
any
individual,
body,
association
or
group
of
persons,
whether
corporate
or
unincorporated
which
carries
on
the
business
of
investment
and
securities,
a
discount
house,
finance
company
and
money
brokerage
whose
principal
object
includes
factoring
project
financing
equipment
leasing,
debt
administration,
fund
management,
private
ledger
services,
investment
management,
local
purchase
order
financing,
export
finance,
project
consultancy,
financial
consultancy,
pension
fund
management,
insurance
institutions,
debt
factorization
and
conversion
firms,
dealer,
clearing
and
settlement
companies,
legal
practitioners,
hotels,
casinos,
bureau
de
change,
supermarkets
and
such
other
businesses
as
the
Central
Bank
or
appropriate
regulatory
authorities
may,
from
time
to
time,
designate”;
“Financial
Transaction”
means,
(a)
a
transaction
which
in
any
way
involves
movement
of
funds
by
wire
or
other
electronic
means;
(b)
involves
one
or
more
monetary
instruments;
(c)
involves
the
transfer
of
title
to
any
real
or
personal
property;
“function”
includes
logic,
control,
arithmetic,
deletion,
storage,
retrieval
and
communication
or
telecommunication
to,
from
or
within
a
computer;
“Identity
Theft”
means,
the
stealing
of
somebody
else
personal
information
to
obtain
goods
and
services
through
electronic
based
transactions;
“Infrastructure
Terminal”
includes
terminals
shall
include
GSM
Phones
that
can
be
used
to
access
bank
or
any
other
sensitive
information,
Point
of
sales
terminals
(POS)
and
all
other
Card
Acceptor
Devices
that
are
in
use
now
or
may
be
introduced
in
the
future;
“Interception”
in
relation
to
a
function
of
a
computer
system
or
communications
network,
includes
listening
to
or
recording
of
communication
data
of
a
computer
or