Last Updated:December 02, 2025, 19:27 IST According to the Ministry, “22,68,346 incidents” were reported on the portal in 2024, representing a 42.08% increase over 2023 The 19-year-old was under immense pressure. (Image: Representative) India witnessed an unprecedented surge in cyber financial fraud in 2024, with citizens reporting losses amounting to Rs 22,845.73 crore, the Ministry of Home Affairs (MHA) informed the Lok Sabha on Monday. Disclosing the latest official data, Minister of State for Home Affairs Bandi Sanjay Kumar told Parliament that financial losses recorded through the Citizen Financial Cyber Fraud Reporting and Management System (CFCFRMS) rose sharply—from Rs 2,290.24 crore in 2022 to Rs7,465.18 crore in 2023, before tripling again in 2024. “As per CFCFRMS operated by I4C, total amount of losses incurred by citizens due to cyber frauds… from the year 2022 to 2024 are Rs2,290.24 crore, Rs 7,465.18 crore and Rs 22,845.73 crore, respectively,” he said. Along with rising financial losses, India is also witnessing an explosive increase in cybercrime complaints filed on the National Cyber Crime Reporting Portal (NCRP). According to the Ministry, …