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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Annual losses due to cyber fraud in India from fiscal year 2020 to 2024
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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 April 06, 2025, 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 April 06, 2025. 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: April 06, 2025. 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 April 06, 2025)
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/
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