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Indians Lost INR 22,845 Cr To Cyber Fraud In 2024: Govt

Update / Judgement Date

23 Jul 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Other Legal Matters

The Ministry of Home Affairs reported in Parliament that Indians lost a staggering "₹22,845.73 crore to cyber criminals in 2024," a "206% surge" from ₹7,465.18 crore in 2023. The data from the National Cyber Crime Reporting Portal (NCRP) and the Citizen Financial Cyber Fraud Reporting and Management System (CFCFRMS) shows 36.37 lakh incidents of financial fraud reported in 2024, up from 24.42 lakh in 2023. This highlights a rapid escalation of cyber fraud in India.

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Indians Lost INR 22,845 Cr To Cyber Fraud In 2024: Govt

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