Indians lost Rs 22,845 crore to cyber fraud in 2024, a 206% rise from previous year: Centre
Indians lost Rs 22,845.7 crore due to cyber fraud in 2024, the Union government told Parliament on Tuesday.
This was nearly 206% higher than the Rs 7,465.1 crore loss reported in 2023.
In a written reply in the Lok Sabha, Minister of State for Home Affairs Bandi Sanjay Kumar said that more than 22.6 lakh cybercrime incidents were registered on the National Cyber Crime Reporting Portal in 2024.
The number of such crimes increased by 42% as compared to 2023, when nearly 16 lakh incidents were reported. In 2022, around 10.3 lakh incidents of cybercrime were registered on the portal, said Kumar.
Listing the steps taken by the government to tackle cyber crimes, the minister said that the Centre has so far blocked more than 9.4 lakh SIM cards and over 2.6 lakh International Mobile Equipment Identity numbers, or IMEIs, based on police reports.
Kumar added that the Indian Cybercrime Coordination Centre, or I4C, launched a suspect registry of identifiers of cyber criminals in September, in collaboration with banks.
The I4C monitors cyber crimes at the national level.
“So far, more than 11 lakh suspect identifier data received from banks and 24 lakh Layer 1 mule accounts have been shared with the participating entities of Suspect Registry and saved more than Rs 4,631 crores,” the minister...
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