In the first four months of 2024, trading scams cost Indians losses of over 14 billion Indian rupees, reported across more than 20,000 cases. According to the Indian Cyber Crime Coordination Centre, Indians fell victim to online investment fraud, algorithm manipulation, gaming and illegal lending apps, OTP scams, and sextortion.
Cost of cyber fraud in India from January to April 2024, by type
(in billion Indian rupees)
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Business Standard. (May 26, 2024). Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1499835/india-cyber-fraud-losses-by-type/
Business Standard. "Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees)." Chart. May 26, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1499835/india-cyber-fraud-losses-by-type/
Business Standard. (2024). Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1499835/india-cyber-fraud-losses-by-type/
Business Standard. "Cost of Cyber Fraud in India from January to April 2024, by Type (in Billion Indian Rupees)." Statista, Statista Inc., 26 May 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1499835/india-cyber-fraud-losses-by-type/
Business Standard, Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1499835/india-cyber-fraud-losses-by-type/ (last visited November 13, 2024)
Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees) [Graph], Business Standard, May 26, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1499835/india-cyber-fraud-losses-by-type/