Last year, the National Cybercrime Reporting Portal received over 15 lakh reports of incidents. In the years prior, the number was significantly lower: around 9.6 lakh in 2022 and 4.52 lakh in 2021.
Between April 1, 2021, and December 31, 2023, cybercriminals gained access to almost Rs 10,300 crore; of this, the relevant agencies were able to prevent over Rs 1,127 crore. The victims’ accounts have only received a 9–10% restoration of the blocked amount. The fact that Delhi had the most cybercrime complaints last year (755 per lakh population) of any state or union territory is especially concerning for the north.
Source: EXCON
Second was Haryana (381), then Chandigarh (432). Sextortion has become more common in Mewat, Haryana; yet, few cases are recorded because the victims want to keep their shame and humiliation to themselves.
The majority of SIM cards used in cybercrimes were issued in West Bengal, Odisha, and Assam. These results highlight the necessity of tight coordination between the states and the Centre in order to apprehend the offenders. Even though law enforcement agencies have blacklisted over 2.95 lakh SIM cards, 2,810 websites/URLs, and 595 mobile applications based on complaints, cybercriminals are having a field day.
Source: India Today
With tens of crores of Indians transacting digitally, particularly via the Unified Payments Interface, it is critical to protect their funds. In order to prevent cyber fraud, there should be a coordinated national program to increase public understanding of cybersecurity. The largest economy in the world with the highest rate of growth cannot afford to allow fraudsters who are blatantly targeting financial institutions and individuals to stop their amazing march.
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