India has witnessed a significant rise in cybercrime incidents, with fraudsters employing sophisticated techniques to exploit digital platforms. Law enforcement agencies and regulatory bodies are ramping up efforts to combat these growing threats through arrests, policy updates, and awareness campaigns.
Chhattisgarh Cyber Fraud Scandal
Chhattisgarh has reported cyber fraud cases amounting to ₹168 crore, with authorities recovering ₹5.2 crore and arresting 347 suspects. Scammers used phishing tactics, fake job offers, and online loan frauds to deceive victims. The government is now enhancing its cybersecurity infrastructure to prevent such crimes.
In a major crackdown, Gurugram police arrested 21 individuals involved in a ₹125 crore scam. The fraudsters operated fake investment schemes and job portals, tricking victims into transferring money. Authorities seized electronic devices and financial records to track further fraudulent activities.
The Enforcement Directorate (ED) has issued a notice to Paytm for alleged violations of the Foreign Exchange Management Act (FEMA). The notice pertains to the acquisition of two subsidiaries between 2015 and 2019. While Paytm denies any wrongdoing, the case highlights the growing regulatory scrutiny in India’s fintech sector.
RBI’s Advisory to Lenders
The Reserve Bank of India (RBI) has warned financial institutions about rising digital fraud cases. It plans to introduce “.bank.in” and “.fin.in” domains for banks and NBFCs to curb phishing attacks.
A report by CloudSEK estimates that India may face over 2.5 million cybercrime complaints in 2025, with financial losses exceeding ₹20,000 crore.
With digital fraud increasing, authorities stress the importance of cybersecurity awareness and stricter enforcement to protect users.
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