Over Rs 2,400 Crore Saved in Cyber Fraud Cases via Citizen Financial Cyber Fraud Reporting System

The Citizen Financial Cyber Fraud Reporting and Management System, launched in 2021 under the Indian Cybercrime Coordination Centre (I4C), has saved over Rs 2,400 crore in more than 7.6 lakh cyber crime cases. Minister of State for Home Affairs, Bandi Sanjay Kumar, shared these details in the Rajya Sabha alongside information about initiatives to counter various cyber threats.

In a significant development, over Rs 2,400 crore has been saved in more than 7.6 lakh cyber crime cases through the 'Citizen Financial Cyber Fraud Reporting and Management System', as revealed in the Rajya Sabha on Wednesday.

Responding to a written question, Minister of State for Home Affairs Bandi Sanjay Kumar highlighted the system's role in reporting financial frauds since its launch in 2021. Operating under the Indian Cybercrime Coordination Centre (I4C), it aims to prevent the siphoning off of funds.

Kumar mentioned that a toll-free number '1930' assists citizens in lodging online complaints. He also noted the blocking of over 5.8 lakh SIM cards and 1,08,000 IMEIs.

In another response, Kumar discussed the 'National Cyber Crime Reporting Portal (NCRP)', which focuses on cyber crimes against women and children. Around 6.56 lakh incidents were reported in the first four months of this year.

A new feature 'Report Suspect' on the NCRP allows for quick reporting of attempts to commit cybercrime via suspicious URLs. So far, 5,252 suspect URLs have been reported.

Kumar stated that I4C collaborates with the National Internet Exchange of India (NIXI) to prevent the misuse of 'dot in' domains. Between October 2023 and May 2024, 310 'malicious/phishing' domains have been neutralized. Additionally, 91 phishing/fake websites and 379 illegal loan/scam apps hosting websites have been rendered non-functional.