Cyber fraud worth ₹5,043.7 crore prevented

India has prevented suspected cyber-fraud transactions worth approximately ₹5,043.7 crore over a 15-month period, according to government data reported on September 10. The development highlights the growing use of technology to identify suspicious financial transactions before money can be withdrawn by fraudsters.

The approach represents a shift from simply investigating fraud after money has been stolen to attempting to stop suspicious transactions in real time. Telecom and financial systems are increasingly being connected so that banks and payment platforms can identify unusual activity more quickly.

Digital payment growth has made transaction monitoring increasingly important. Millions of Indians use online banking, UPI, cards and mobile payment applications every day, creating both convenience and new opportunities for criminals to target unsuspecting users.

The government's reported progress also shows why consumers should remain cautious. People should never share OTPs, PINs, passwords or banking credentials with unknown callers or links, even when someone claims to represent a bank or government department.

Real-time fraud prevention can reduce losses by stopping suspicious transactions before funds leave the financial system. However, technology cannot replace consumer awareness. Safe digital-payment habits remain an important part of India's wider fight against cybercrime.

Source: Times of India, September 10, 2026.

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