Cybercrime in India: A Looming Threat as Losses Exceed ₹1,750 Crore in First Four Months of 2024
A Staggering Rise in Cybercrime:
India's digital landscape is booming, but a dark side lurks beneath the surface. Cybercriminals are exploiting the country's rapid digital adoption, leading to a surge in cyber fraud that has cost Indians over ₹1,750 crore in the first four months of 2024 alone. This alarming trend underscores the urgent need for heightened awareness, robust security measures, and collaborative efforts to combat this escalating threat.
According to the Indian Cyber Crime Coordination Centre (I4C), the number of cybercrime complaints registered on the National Cybercrime Reporting Portal has skyrocketed. In May 2024, an average of 7,000 complaints were filed daily, representing a 113.7% jump compared to the period between 2021-2023. This alarming increase reflects a s...