Relevant Facts & Statistics
- In the fiscal year 2024, India witnessed a significant surge in cyber fraud cases, with incidents involving amounts over ₹1 lakh increasing from 6,699 to 29,082, resulting in losses totaling $20 million.
reuters.com - The Reserve Bank of India has acknowledged the rise in digital payment frauds and plans to introduce secure website domain names to mitigate such fraudulent activities.
reuters.com