In the first four months of 2024, trading scams cost Indians losses of over 14 billion Indian rupees, reported across more than 20,000 cases. According to the Indian Cyber Crime Coordination Centre, Indians fell victim to online investment fraud, algorithm manipulation, gaming and illegal lending apps, OTP scams, and sextortion.
Cost of cyber fraud in India from January to April 2024, by type
(in billion Indian rupees)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Business Standard. (May 26, 2024). Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1499835/india-cyber-fraud-losses-by-type/
Business Standard. "Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees)." Chart. May 26, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1499835/india-cyber-fraud-losses-by-type/
Business Standard. (2024). Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1499835/india-cyber-fraud-losses-by-type/
Business Standard. "Cost of Cyber Fraud in India from January to April 2024, by Type (in Billion Indian Rupees)." Statista, Statista Inc., 26 May 2024, https://www.statista.com/statistics/1499835/india-cyber-fraud-losses-by-type/
Business Standard, Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees) Statista, https://www.statista.com/statistics/1499835/india-cyber-fraud-losses-by-type/ (last visited December 21, 2024)
Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees) [Graph], Business Standard, May 26, 2024. [Online]. Available: https://www.statista.com/statistics/1499835/india-cyber-fraud-losses-by-type/
