Fri Aug 01 10:06:32 UTC 2025: ## Summary:

A report by DataLEADS reveals that Indians have lost a staggering Rs 22,842 crore to cybercriminals in 2024 due to widespread digital financial fraud.

## News Article:

**Indians Lose Over Rs 22,800 Crore to Cyber Fraud in 2024: Report**

**New Delhi:** Cybercriminals have fleeced Indians of a massive Rs 22,842 crore in 2024 alone, according to a new report released by Delhi-based media and tech company, DataLEADS. The report highlights the alarming prevalence of digital financial fraud across the country, raising serious concerns about online security and consumer protection.

The staggering figure underscores the increasing sophistication and scale of cybercrime targeting Indian citizens. While the report details the overall loss, it did not specify the exact types of fraud employed. However, experts believe common tactics likely include phishing scams, identity theft, and fraudulent online transactions.

The findings from DataLEADS are a stark reminder of the urgent need for enhanced cybersecurity measures, increased public awareness about online fraud, and stricter enforcement against cybercriminals. Consumers are advised to remain vigilant, verify the authenticity of online requests, and report any suspicious activity to the relevant authorities. The report is expected to trigger further discussion and action from government agencies and financial institutions to combat the growing threat of digital financial fraud in India.

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