Cyber fraud cases on the rise again in India

Tamil Nadu leads the states by number

GN Bureau | July 27, 2022


#Technology   #crime   #banking   #cyber fraud   #RBI  
(GN Photo)
(GN Photo)

The cases of cyber fraud are rising again in India, after a dip in the first year of the pandemic, official figures show.

In 2021-22, there were 13,951 cases of fraud, involving an amount of Rs 76.49 crore with extent of loss placed at Rs 25.77 crore, according to the Department of Supervision of RBI. While these three figures were only 9,675, Rs 57.06 crore and Rs 22.88 crore, respectively, in 2020-21, in the year before there were 39,134 cases of fraud, involving an amount of Rs 85.26 crore with extent of loss placed at Rs 31.27 crore.

Tamil Nadu (4,866) has the highest number of cases in 2021-22, followed by Maharashtra (2,443) and Delhi (1,402).

With enhanced use of cyber space and increase in the pace of digitalization, number of cyber crimes is also increasing. As per reports  from Scheduled Commercial Banks phishing related  frauds are collated under the category of ‘Phishing/ Vishing/ Skimming’ by the Reserve Bank of India and State/UT-wise detail of fraud incidents, amount involved and extent of loss, reported in the category ‘Phishing/ Vishing/ Skimming’ during the period from 2019-20 to 2021-22 is given here:

https://pib.gov.in/PressReleasePage.aspx?PRID=1845004

The information was part of a written reply from minister of state for home affairs Ajay Kumar Mishra in the Lok Sabha Tuesday.

‘Police’ and ‘Public Order’ are State subjects as per the Seventh Schedule of the Constitution. States/UTs are primarily responsible for the prevention, detection, investigation and prosecution of crimes including cyber crimes, the reply noted.

To strengthen the mechanism to deal with cyber crime, in a comprehensive and coordinated manner, the central government has taken several steps like spreading awareness about cyber crimes, issuance of alerts/advisories, capacity building/training of law enforcement personnel/ prosecutors/ judicial officers, improving cyber forensic facilities, etc. The Government has established the ‘Indian Cyber Crime Coordination Centre’ (I4C) to provide a framework and eco-system for LEAs to deal with cyber crimes in a comprehensive and coordinated manner. Seven ‘Joint Cyber Coordination Teams’ have also been constituted under the I4C to  address  the  issue   of   jurisdictional complexity, based upon cyber crime hotspots/ areas, by on-boarding all the States/UTs to provide a robust coordination framework to the LEAs.

The government has launched the ‘National Cyber Crime Reporting Portal’ (www.cybercrime.gov.in) to enable the public to report all types of cyber crimes, with special focus on cyber crimes against women and children. Cyber crime incidents reported on this portal are routed automatically to the respective State/UT law enforcement agency for further handling as per the provisions of law. The ‘Citizen Financial Cyber Fraud Reporting and Management System’ module has been launched for immediate reporting of financial frauds and to stop siphoning off fund by the fraudsters. A toll-free Helpline number ‘1930’ has been operationalised to get assistance in lodging online cyber complaints.

The RBI reviews the cyber security developments and threats on regular basis and takes necessary measures to strengthen the cyber resilience of banks, which inter-alia, include issuance of advisories/ alerts/ circulars/ guidelines/ sharing of best practices, etc. The RBI also conducts cyber security preparedness testing among the banks, with the help of Indian Computer Emergency Response Team (CERT-In).

Comments

 

Other News

A fairly reasonable way to solve problems, personal and global

Reason to Be Happy: Why logical thinking is the key to a better life By Kaushik Basu Torva/Transworld, 224 pages

Is Nano-DAP a Catalyst for India’s Green Growth?

Nano Diammonium Phosphate, or Nano-DAP, is a revolutionary agricultural input that holds immense potential for transforming farming practices across varied agro-climatic zones in India. This innovative product is a nanoparticle-based formulation of diammonium phosphate, a widely used fertilizer in the agri

“Everyone, especially every woman, should’ve liberty of being themselves”

In February this year, yet another glass ceiling was broken, when Captain Shweta Singh became the first woman chief flight operations inspector (CFOI) at the Directorate General of Civil Aviation. Back then, in a social media post, Captain Singh had written: “The opportunity humbles me

India’s first home-grown gene therapy for cancer launched

President of India Droupadi Murmu launched India’s first home-grown gene therapy for cancer at IIT Bombay here on Thursday. Speaking on the occasion, the President said that the launch of India’s first gene therapy is a major breakthrough in our battle against cancer. As this lin

The Women of My Country: The Other Half?

1700 in 70: A Walk for a Cause By Gita Balakrishnan Rupa Publications, Rs 595, 208 pages At fifty-three, Git

Cultural Nationalism in India: Explained by Ram Madhav

The Hindutva Paradigm: Integral Humanism and the Quest for a Non-Western Worldview By Ram Madhav Rupa Publications, Rs 395, 440 pages Dr R

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter