This papers looks at the importance of computer forensics and the increasing need for competent practice and awareness of applicable laws. The subject is not preserve of the forensic experts and law enforcers. The managers, network administrators and computer security staff will also find this work resourceful. In particular, the tools and procedures used in computer forensics will also be evaluated. In future the forensics experts need to update their skills and in keeping up with the new technology. They are required to capture the image of running memory by using tools such as Netstat, Userdamp, Strings, PsList, ListDLLs and many more. In addition, this subject is becoming important day by day especially for those administering information networks and networks. In studying the future of computer forensics the need for standardization, challenges in legal and technical aspects will also be looked at.