Archive · 23 Jul 2025
Cybercrime Losses Surge, Exceeding Rs 22,800 Crore in 2024
Imagine digital bad guys are stealing more money than ever before.
According to recent reports, people lost over 22,845 crore rupees to cybercriminals in 2024.
This is way more than the previous year.
It's like a big jump in money being taken.
The government is aware of the problem, and they're working on ways to help people report these crimes and stop the criminals from taking more money.
It shows how important it is to be careful online to protect your money.
Cybercrime losses in 2024 reached over Rs 22,845.73 crore.
This is a 206% increase compared to the previous year's losses.
Minister Bandi Sanjay Kumar reported the data in the Lok Sabha.
36,37,288 incidents of financial fraud were reported in 2024.
The Citizen Financial Cyber Fraud Reporting and Management System was launched in 2021.
- Who
- Minister of State for Home Affairs, Bandi Sanjay Kumar.
- What
- Cybercrime losses in 2024 exceeded Rs 22,845.73 crore.
- When
- Data reported on Tuesday for the year 2024.
- Where
- Reported at the Lok Sabha, India.
- Why
- To inform about the increasing losses due to cybercrimes and the actions taken to address them.
Cybercrime Trend
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Increase in cases
Cybercrime Trend
Rising Cybercrime incidents, resulting in significant financial losses.
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- Total Losses in 2024
- Rs 22,845.73 crore
- Percentage Increase (Year-over-year)
- 206%
- Previous Year Losses
- Rs 7,465.18 crore
- Reported Fraud Incidents in 2024
- 36,37,288
- Reporting System Launch
- 2021