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India's Alarming Cyber Fraud Surge in 2024

Since January 1, 2024, India has been witnessing a staggering 7,000 complaints of cyber fraud per day. The growth over the past few years is concerning: 🔴 2019: 26,049 complaints 🔴 2020: 2,55,777 complaints 🔴 2021: 4,52,414 complaints 🔴 2022: 9,56,79

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Article

Cyber Attacks10 June 20242 min read

PP By Prime

India's Alarming Cyber Fraud Surge in 2024

Since January 1, 2024, India has been witnessing a staggering 7,000 complaints of cyber fraud per day. The growth over the past few years is concerning:

🔴 2019: 26,049 complaints

🔴 2020: 2,55,777 complaints

🔴 2021: 4,52,414 complaints

🔴 2022: 9,56,790 complaints

🔴 2023: 15,56,215 complaints

🔴 2024 (so far): 7,40,957 complaints

This year's major culprits are:

🔴 Fake trading apps

🔴 Loan apps

🔴 Gaming apps

🔴 Dating apps

🔴 Algorithm manipulation

The I4C wing reports:

🔴 4,599 digital fraud complaints (Jan-April 2024), totaling Rs 1,203.06 crore

🔴 20,043 trading scams, amounting to Rs 14,204.83 crore

🔴 62,687 investment scams, totaling Rs 2,225.82 crore

🔴 1,725 dating scams, worth Rs 132.31 crore

In response, I4C has taken significant actions:

🔒 Frozen 325,000 bank accounts

📵 Blocked 530,000 SIM cards

🔗 Frozen 3,401 social media accounts, including WhatsApp groups

🔗 Stay vigilant and safeguard your digital presence!

May connect Team Prime to assist you as a CERT-IN Empanelled Partner.

Since January 1, 2024, India has been witnessing a staggering 7,000 complaints of cyber fraud per day. The growth over the past few years is concerning:

🔴 2019: 26,049 complaints
🔴 2020: 2,55,777 complaints
🔴 2021: 4,52,414 complaints
🔴 2022: 9,56,790 complaints
🔴 2023: 15,56,215 complaints
🔴 2024 (so far): 7,40,957 complaints

This year's major culprits are:

🔴 Fake trading apps
🔴 Loan apps
🔴 Gaming apps
🔴 Dating apps
🔴 Algorithm manipulation

The I4C wing reports:

🔴 4,599 digital fraud complaints (Jan-April 2024), totaling Rs 1,203.06 crore
🔴 20,043 trading scams, amounting to Rs 14,204.83 crore
🔴 62,687 investment scams, totaling Rs 2,225.82 crore
🔴 1,725 dating scams, worth Rs 132.31 crore

In response, I4C has taken significant actions:

🔒 Frozen 325,000 bank accounts
📵 Blocked 530,000 SIM cards
🔗 Frozen 3,401 social media accounts, including WhatsApp groups

🔗 Stay vigilant and safeguard your digital presence!

May connect Team Prime to assist you as a CERT-IN Empanelled Partner.

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