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.

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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