Cyber Fraud: Only 2% of Rs 52,969 Crore Lost Recovered, Govt Blocks Rs 7,647 Crore
India
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News18•27-01-2026, 07:00
Cyber Fraud: Only 2% of Rs 52,969 Crore Lost Recovered, Govt Blocks Rs 7,647 Crore
- •Between April 2021 and November 2025, Rs 52,969 crore was reported stolen in online fraud, but only Rs 167 crore (2.18%) has been recovered for victims.
- •The government successfully blocked Rs 7,647 crore from reaching cybercriminals during the same period.
- •New directives instruct law enforcement to escalate only genuine complaints for financial intervention to prevent unwarranted freezing of bank accounts.
- •A Standard Operating Procedure (SOP) emphasizes tighter scrutiny before complaints enter the financial fraud response ecosystem to protect legitimate customers.
- •Banks are encouraged to integrate APIs with the National Cybercrime Reporting Portal (NCRP) for faster "put-on-hold" actions and improved coordination.
Why It Matters: Despite blocking significant funds, only a small fraction of money lost to cyber fraud is recovered for victims.
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