Cyber fraud losses in India have surge nearly 10-fold in a decade: finance ministry

Losses due to cyber frauds in India increased to ₹177.05 crore in 2023-24 from ₹18.46 crore in 2014-15, Pankaj Chaudhary, Union minister of state for finance..According to the Indian Cyber Crime Coordination Centre, Indians are likely to lose over ₹1.2 trillion over the next year due to cyber fraud.

Mar 10, 2025 - 13:32
Mar 11, 2025 - 15:46
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Cyber fraud losses in India have surge nearly 10-fold in a decade: finance ministry

Losses due to cyber frauds in India increased to ₹177.05 crore in 2023-24 from ₹18.46 crore in 2014-15, Pankaj Chaudhary, Union minister of state for finance..

According to the Indian Cyber Crime Coordination Centre, Indians are likely to lose over ₹1.2 trillion over the next year due to cyber fraud.

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