Monday, February 10, 2020

Cyber Fraud : An exponential threat to Digital India

Amidst all the efforts of government and private service sector to promote the digital India and go paperless and go cashless the number of cases filed with police of Cyber Crime has increased exponentially.

Frauds related to ATM, online banking, One Time Password (OTP) under section 465, 468-471 IPC
ATMOnline Banking FraudsOTP Frauds
Maharashtra598Maharashtra345Madhya Pradesh122
Bihar324Odisha116Andhra Pradesh62
Odisha168Telangana111Telangana61
Uttar Pradesh120Uttar Pradesh69Uttar Pradesh18
Telangana56Gujarat42Rajasthan16
India total1543India total804India total334
Source: NCRB 2017 Report

AS the numbers of cases registered are increasing the primary question rises whether the Online systems are secure or not? the Answer is simple we need to be more careful and systems are there but in 90 % cases the fraud happens due to the negligence and ignorance of users. To minimize the threat and safeguard from these fraud there are some basic and best practices which we will discuss in our next blogs.