Overview

• DataLEADS report finds ₹22,842 crore stolen in 2024, nearly triple the 2023 total and ten times the 2022 losses.
• I4C forecasts that cybercrime losses could top ₹1.2 lakh crore in 2025 if current trends continue.
• RBI mid-year figures show bank-related cybercrime losses jumped nearly eightfold in the first half of FY25/26 to ₹21,367 crore from ₹2,623 crore.
• UPI transactions reached record volumes in June with over 190 lakh transfers worth ₹24.03 lakh crore.
• Cybercriminals increasingly employ AI-driven methods and deepfake videos to impersonate trusted entities and exploit messaging platforms’ limited accountability.