A Report on Electronic Banking Frauds in India [December 2017]

Raj PagariyaCyber Forensics, Cyber Security, Law4 Comments

Frauds in India

The Cyber Blog India’s First Report on Electronic Banking Frauds in India – December 2017

We present this report as the first of its kind and primary data based research conducted by the team. This report has
been made with no funding, financial support or mandate of any project. We are a small team of young people striving to tackle and solve the growing menace of cyber crime in India.

In our experience through the cases that we have received, we have observed that intermediaries like payment aggregators, online wallets, and mobile service providers are quick and responsive to complaints. Procedural hassles in some cases lead to blockades even when the disputed money sits in the fraudulent accounts. We hope that through this report all functionaries of electronic banking frauds realize it is time to act and governments and organizations take up the agenda of spreading cyber awareness among citizens.

The data used in this report represents a small variable of the actual electronic banking fraud in India. We have not used data from news reports and informal information to build this report.

To download this report, click here.

4 Comments on “A Report on Electronic Banking Frauds in India [December 2017]”

  1. hi Cyber Blog India,
    You did a great analysis, as I am shocked after seeing ur report on cyber frauds.Cybercrime is really affecting our country.
    We are also working on the motto to make cybercrime free India.Providing cyber helpline services to every citizen.You can read more about our efforts if you follow the same work: -https://www.ica.in/project/cyber-helpline
    and one thing keep up the good work

    1. Hi Shekhar,
      I went through the link mentioned in your comment. And I must say, the work done by ICA is indeed commendable.
      If there is something that ICA and The Cyber Blog India can collaborate on and do together, feel free to drop an email at contact@cyberblogindia.in.

      Thanks,
      Raj Pagariya
      on behalf of The Cyber Blog India

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