India hit by US$ 25 Bn digital fraud surge as Central Bank plans crackdown - DailyNews
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Source: Daily News
Published: 2026-05-01 05:47 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Economy & Finance, India, Fraud & Corruption, World News, Crime & Justice, Asia Pacific, Technology
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Snippet:
A sharp rise in cybercrime has shaken India, where nearly 2.5 million people lost an estimated US$ 25 billion to digital fraud in 2025, highlighting growing risks in the country’s fast-expanding online payment ecosystem.
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