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India Lost Over ₹22,800 Crore to Cyber Fraud in 2024: Govt
Mint New Delhi
|July 23, 2025
Over the years, the problem appears to have grown exponentially
Indians lost a staggering ₹22,845.73 crore to cyber fraud in 2024, marking a 206% surge from the previous year, the government told Parliament on Tuesday.
The growth in cybercrime losses comes as India recorded over 2.2 million cybercrime incidents in 2024, a 42% increase from nearly 1.6 million cases in 2023, according to government data tabled in Parliament by minister of state for home Bandi Sanjay Kumar.
Over the years, the problem appears to have grown exponentially—from 450,000 cases in 2021 to over a million in 2022 (a 127% rise), and now more than doubling by 2024.
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