Cybercriminals Cause ₹470 Crore in Losses, But Police Fight Back
Bengaluru’s Cyber crime Statistics Till September-end
Bengaluru, a city known for its vibrant tech community, has been grappling with a rising tide of cyber crimes in 2023. Until September-end, the city recorded a staggering 12,615 cybercrime cases, resulting in a total loss of ₹470.05 crores for its residents.
Recovery and Freezing of Funds
In the face of this digital onslaught, the city’s police force has been diligently working to address the situation. As of now, they have managed to recover ₹28.4 crore which was siphoned off through various online scams. Furthermore, they have successfully frozen ₹201.8 crore in suspicious bank accounts.
Returning Stolen Funds
The police have been actively engaged in restoring the stolen wealth to its rightful owners. A commendable sum of ₹27.6 crore has already been returned to the victims of cyber crimes. However, a portion of the confiscated money is still held up due to legal proceedings. The police await consent from the courts to complete the process and return the remaining funds.
Diverse Range of Cyber crimes
The cases that have plagued Bengaluru encompass a wide spectrum of online frauds, including but not limited to:
- Online job fraud
- Debit or credit card fraud
- Gift fraud
- Loan app fraud
- Bitcoin-related scams
- Sextortion
- Data theft
- Matrimonial fraud
- Card skimming
- Email spoofing
- Lottery fraud
- Online gaming fraud
- SIM cloning
In an era where our lives are increasingly intertwined with the digital realm, the prevalence of cyber crimes serves as a stark reminder of the importance of digital vigilance and cybersecurity. The people of Bengaluru, while facing substantial losses, can take solace in the efforts of their police force to reclaim what was wrongfully taken from them and to curb the tide of cybercriminal activity.