Over ₹10,300 crore siphoned off by cyber criminals since April 2021: I4C
The Hindu
Indian Cyber Crime Coordination Centre (I4C) reports over ₹10,300 crore siphoned off by cybercriminals since April 2021, with ₹1,127 crore blocked. Over 15.56 lakh cases reported on NCRP in 2023.
Over ₹10,300 crore were siphoned off from the country by cybercriminals since April 1, 2021, of which agencies managed to successfully block around ₹1,127 crore in the country, Indian Cyber Crime Coordination Centre (I4C) said Wednesday.
In a media interaction, I4C CEO Rajesh Kumar said that more than 5,000 complaints of cyber crime are being reported on the National Cybercrime Reporting Portal (NCRP) of which 40-50 per cent are based on frauds committed by gangs operating from China and "pockets of Cambodia and Myanmar".
He said he did not mean "nation-State" are running the scams but "gangs" operating from these countries are behind the cyber crimes. "We have pockets of Cambodia and Myanmar. We are seeing Chinese apps. Who is denying?" Mr. Kumar said in response to a question.
He said aggrieved persons can approach 1930 call centre to register their complaints and banks can block the money if call is made within and hour of the fraud. Around 263 banks and financial institutions including National Payments Corporation of India that has developed UPI system are linked to the helpline.
Over 4.52 lakh cyber crime cases were reported on the National Cybercrime Reporting Portal (NCRP) in 2021, which rose by 113.7 per cent in 2022, with 9.66 lakh cases being reported on the portal, Rajesh Kumar told reporters.
I4C is a body established by the Ministry of Home Affairs to provide a framework and eco-system for law-enforcement agencies for dealing with Cybercrime in a coordinated and comprehensive manner.
Mr. Kumar said over 15.56 lakh cases were reported on NCRP in 2023, translating into 129 cyber crime cases reported per lakh population, which shows a "deceleration" of growth rate to 60.9 per cent as compared to 2022.
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