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India's Cyber Fraud Skyrockets: Cases Triple Since 2020
29 Jul
Summary
- Cyber fraud cases in India nearly tripled between 2020 and 2024.
- Telangana reported the highest number of cyber fraud incidents in 2024.
- Online banking fraud constitutes the leading category of cybercrimes this year.
Cyber fraud incidents in India have seen a substantial increase, nearly tripling from 10,395 cases in 2020 to 29,758 in 2024. Data reveals Telangana as the state with the highest number of cyber fraud cases in 2024, followed by Bihar and Maharashtra.
Online banking fraud led the identified categories for the year with 4,659 cases, with credit/debit card fraud and marketing/investment fraud also being significant concerns. To address this escalating issue, the Ministry of Home Affairs has established the Indian Cyber Crime Coordination Centre (I4C).
The National Cyber Crime Reporting Portal and the Citizen Financial Cyber Fraud Reporting and Management System (CFCFRMS) are operational to facilitate reporting and fund recovery. The CFCFRMS has aided in saving over Rs 11,158 crore in more than 32.80 lakh complaints until June 30, 2026.
