Cyber frauds from Southeast Asia cost Indians Rs 1,500 crore monthly: I4C report
These frauds are primarily linked to organised networks allegedly managed by Chinese operators and have cost people in India up to ₹1,500 crore per month, sources said on Sunday.
According to I4C data for the first half of 2025 (January to June), India has suffered online financial losses amounting to approximately ₹8,500 crore. Alarmingly, more than half of these losses are tied to cybercrime operations based in Southeast Asian nations.
On average, the data revealed that monthly cyber fraud-related losses to Indians in 2025 range between ₹1,300 crore and ₹1,500 crore.
However, the data for 2025 marks a noticeable decline compared to 2024, when the monthly average stood at around ₹2,200 crore. Sources said this decline is attributed to improved surveillance, international cooperation, and public awareness campaigns by the I4C.
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Indian Express
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