Rising Cyber Crime Threats: Ramifications, Security Measures, and Preventive Strategies
On 20th August 2025, Parliamentary Standing Committee on Home Affairs tabled its 254th report, titled “Cyber Crime – Ramifications, Protection and Prevention”, in the Parliament.
Concerns Highlighted in the Report
Increase in Financial Scams
- Since August 2019, the National Cybercrime Reporting Portal has recorded 53.9 lakh complaints, recovering around Rs 31,594 crore.
- Approximately 85% of these cases involve cyber-financial crimes, primarily cryptocurrency transactions and money laundering frauds.
Ransom Demands Made in Digital Assets
- Ransomware is identified as a major cyber threat, targeting critical infrastructure like hospitals, universities, and research institutions.
- Hackers demand ransom in cryptocurrencies, leveraging their anonymity ....
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