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Cyber Frauds in India Touch 5.83 Lakh Cases in 4 Years, ₹3,588 Crore Lost: Govt – The Indian Awaaz
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Cyber Frauds in India Touch 5.83 Lakh Cases in 4 Years, ₹3,588 Crore Lost: Govt – The Indian Awaaz
Staff Reporter / New Delhi India recorded a sharp rise in cyber frauds linked to digital payments over the past four years, the Union Finance Ministry informed the Lok Sabha on Monday. Citing data from the Reserve Bank of India (RBI), Minister of State for Finance Pankaj Chaudhary said banks and financial institutions reported 5,83,291 fraud cases between FY 2021-22 and FY 2025-26 (up to September 2025). The total amount involved in these frauds…
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