India lost ₹31,500 cr to cybercrime, report warns of risks
A parliamentary report says India lost over ₹31,500 crore to cybercrime since 2019, with frauds making up 85% of cases. It calls for tougher laws, real-time bank monitoring, faster takedowns of deepfakes, and victim support centres. The panel warns unchecked scams, trafficking, and AI misuse could erode trust in India’s digital revolution.