Archive · 19 Nov 2025
India's Rs 22,845 Cr Cybercrime Loss in 2024: Urgent Security Overhaul Needed
India suffered a huge loss of Rs 22,845 crore due to cybercrime in 2024.
This is a big increase from the previous year.
Many financial fraud cases and cybersecurity incidents were reported.
The cost of data breaches is also very high.
Most cyber attacks come from unfriendly countries, so we need strong protection using smart computers to stop them.
India lost Rs 22,845 crore to cybercrime in 2024, a 205.6% increase from the previous year.
Over 36 lakh financial fraud cases were reported in 2024.
20.5 lakh cybersecurity incidents were reported to CERT-In in 2024.
The average cost of a data breach in India in 2025 is Rs 22 crore.
Most attacks originate from non-friendly countries, requiring a resilient AI-driven defence.
- Who
- Microsoft, Keshri Kumar Asthana, Shreekrishna Ashutosh, cybercriminals from non-friendly countries
- What
- Cybercrime, financial fraud, cybersecurity incidents, data breaches
- When
- 2024, 2025
- Where
- India, Gauhati University
- Why
- To highlight the urgent need for an overhaul of digital security and investigative systems
Government and Experts
Cybercriminals
Digital Security Overhaul
Government and Experts
Government and experts call for an urgent overhaul of digital security and investigative systems to combat the escalating threat landscape.
Cybercriminals
Cybercriminals exploit weak security systems, causing massive financial losses.
AI-Driven Defence
Government and Experts
Experts advocate for a resilient AI-driven defence and investigation mechanism to counter sophisticated attacks.
Cybercriminals
Cybercriminals use advanced techniques, demanding a strong response from law enforcement.
- Total Loss in 2024
- Rs 22,845 crore
- Increase from Previous Year
- 205.6%
- Financial Fraud Cases in 2024
- Over 36 lakh
- Cybersecurity Incidents in 2024
- 20.5 lakh
- Average Data Breach Cost in 2025
- Rs 22 crore
- Percentage of Organisations Experiencing Multiple Breaches
- 83%
- Average Time Spent per Case Reviewing Digital Evidence
- 69 hours
- Percentage of Cases Including Digital Evidence
- 90%
