The losses incurred due to cyber fraud activity in India spiked to over 1.7 billion Indian rupees in the financial year 2024. These were particularly attributed to credit card, debit card, and internet banking fraud. Cyber criminal activity in India has grown at an alarming rate over the past few years, with over 740,000 cases reported between January and April 2024 alone.
Annual losses due to cyber fraud in India from fiscal year 2020 to 2024
(in million Indian rupees)
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Business Standard. (August 5, 2024). Annual losses due to cyber fraud in India from fiscal year 2020 to 2024 (in million Indian rupees) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1499770/india-cyber-fraud-losses/
Business Standard. "Annual losses due to cyber fraud in India from fiscal year 2020 to 2024 (in million Indian rupees)." Chart. August 5, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1499770/india-cyber-fraud-losses/
Business Standard. (2024). Annual losses due to cyber fraud in India from fiscal year 2020 to 2024 (in million Indian rupees). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1499770/india-cyber-fraud-losses/
Business Standard. "Annual Losses Due to Cyber Fraud in India from Fiscal Year 2020 to 2024 (in Million Indian Rupees)." Statista, Statista Inc., 5 Aug 2024, https://www.statista.com/statistics/1499770/india-cyber-fraud-losses/
Business Standard, Annual losses due to cyber fraud in India from fiscal year 2020 to 2024 (in million Indian rupees) Statista, https://www.statista.com/statistics/1499770/india-cyber-fraud-losses/ (last visited December 21, 2024)
Annual losses due to cyber fraud in India from fiscal year 2020 to 2024 (in million Indian rupees) [Graph], Business Standard, August 5, 2024. [Online]. Available: https://www.statista.com/statistics/1499770/india-cyber-fraud-losses/
