Summary: India is experiencing a significant rise in cybercrime, with a 51% increase in fraud against citizens and many businesses facing intensified online attacks. Over 1.7 million cybercrime complaints were filed in 2024, largely attributed to both domestic and international sources. The government is implementing measures to enhance cybersecurity and train professionals in response to the growing threats.
Affected: Indian citizens and businesses
Keypoints :
- Cyber fraud against Indian citizens surged by 51% in 2024, with complaints increasing from 1.1 million to over 1.7 million.
- Approximately 45% of cyberattacks originated from international cybercriminal havens in Cambodia, Myanmar, and Laos.
- Businesses in India prioritize cyber-risks and digital vulnerabilities significantly more than their global peers, facing higher attack volumes, particularly against mobile applications.
- The Indian government has introduced exclusive internet domains for financial institutions and recently passed a privacy and data-protection law.
- Efforts to train 5,000 cybersecurity professionals aim to mitigate the shortage in cybersecurity expertise in the country.
Source: https://www.darkreading.com/cyber-risk/indias-cybercrime-problems-nation-digitizes