India's Cybercrime Explosion: 22.68 Lakh Cases in 2024, ₹22,845 Crore Lost
India saw a massive 42% spike in cybercrime in 2024, with 22.68 lakh complaints filed on the National Cybercrime Reporting Portal (NCRP). Victims lost a staggering ₹22,845 crore, driven by rising digital fraud like phishing and investment scams amid India's booming online ecosystem.


Key Government Actions
CFCFRMS Success: The Citizen Financial Cyber Fraud Reporting and Management System froze accounts to prevent over ₹7,130 crore in losses across 23 lakh complaints.
Blocks and Bans: Authorities blocked 11.14 lakh SIM cards and 2.96 lakh IMEIs to dismantle fraud networks.
Suspect Registry: Launched in September 2024, it flagged 24.67 lakh mule accounts, stopping ₹8,031 crore in fraudulent transactions.
Pratibimb Tool: This geospatial mapping aided the arrest of 16,840 suspects by pinpointing cyber hotspots.


Rising Trend and Challenges
Previous Years: 2023 recorded 15.96 lakh cases (55% rise from 2022) with ₹7,465 crore lost.
Outlook: Experts warn of escalating threats due to low cyber literacy and transnational syndicates. Solutions include stronger bank protocols, telecom checks, and international cooperation.
India's digital growth is a double-edged sword—boost awareness and stay safe online. Have you been a victim of cyber fraud? Share your story!
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