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Indians lost over ₹1,750 crore to cyber fraud in first four months of 2024

Indians lost over ₹1,750 crore to cyber fraud in first four months of 2024

According to Indian Cyber Crime Coordination Centre (I4C), on an average 7,000 cybercrime complaints were registered per day in May 2024, a jump of 113.7% between 2021-2023 and 60.9% from 2022-2023, and 85%of them were financial online frauds.

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