SRINAGAR : India has lost over Rs 3,500 crore to cyber frauds in the last five financial years, even as banks and enforcement systems managed to recover or save Rs 238.83 crore for victims, according to data placed before the Lok Sabha in response to a question by June Maliah. The Government said the rise in digital payments has been accompanied by a steady increase in financial cybercrime, with more than 5.83 lakh digital-payment fraud cases reported between 2021–22 and September 2025. Follow Us On G -N e w s | Whatsapp

The data, provided by the Reserve Bank of India to the Ministry of Finance, shows that credit-card frauds accounted for the largest chunk of losses, with Rs 1,447.27 crore involved in 2.43 lakh cases, followed closely by internet-banking frauds inv

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