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flag Indian cyber fraud losses skyrocket to $2.87 billion in 2024, a 206% increase from 2023.

flag Indian citizens lost over ₹22,845 crore ($2.87 billion) to cyber fraud in 2024, marking a 206% increase from the previous year. flag The National Cyber Crime Reporting Portal recorded 36.37 million financial fraud incidents, up from 24.43 million in 2023. flag The government's Citizen Financial Cyber Fraud Reporting and Management System has helped save over ₹5,489 crore since its launch in 2021.

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