The Central Government has prevented cyber fraud losses exceeding ₹8,600 crore across more than 24 lakh complaints, Minister of State for Home Affairs Bandi Sanjay Kumar informed the Rajya Sabha in a written reply.
According to the Ministry of Home Affairs, coordinated action involving banks, law-enforcement agencies and cybercrime monitoring platforms has helped block fraudulent transactions and recover funds before they could be siphoned off by cybercriminals.
Over 24 lakh cyber fraud complaints handled
The government said that more than 24 lakh cyber fraud complaints have been processed through national reporting mechanisms designed to detect and stop fraudulent financial transactions.
Authorities also received over 23 lakh suspect identifier data inputs from banks up to January 31 this year, helping investigators track suspicious accounts linked to cybercrime networks.
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Mule accounts and suspicious transactions blocked
As part of preventive action, the government shared information about over 27 lakh mule bank accounts with participating institutions under a suspect registry system.
These efforts helped financial institutions decline transactions worth ₹9,518 crore, significantly reducing potential losses from cyber fraud schemes.
Mule accounts are typically bank accounts used by fraud networks to move or withdraw illegally obtained money, often through intermediaries or unsuspecting account holders.
Technology platforms aiding cybercrime investigations
The Ministry of Home Affairs has deployed digital platforms to strengthen coordination between enforcement agencies.
One such platform, Samanvaya, functions as a Management Information System to assist law-enforcement agencies in cybercrime investigations and information sharing.
According to the government, the system has supported over 1.49 lakh cyber investigation assistance requests and contributed to the arrest of more than 21,000 accused persons involved in cyber offences.
National systems to tackle cyber fraud
India’s cybercrime response framework includes the Indian Cyber Crime Coordination Centre (I4C) and the National Cyber Crime Reporting Portal, which allow citizens to report cyber offences online.
In addition, the government operates the national cybercrime helpline 1930, enabling victims to quickly report financial cyber fraud so banks can freeze suspicious transactions before funds are withdrawn.
Authorities say rapid reporting plays a crucial role in preventing financial losses in cybercrime cases, as fraudulent transfers can often be blocked if reported quickly.
Cybercrime cases continue to rise
Despite preventive measures, cyber fraud incidents continue to grow across the country due to the increasing use of digital payments and online financial services.
The government has said it will continue to support states and union territories through capacity building, forensic support and coordination mechanisms to strengthen cybercrime investigations and prevention.
About the author – Ayesha Aayat is a law student and contributor covering cybercrime, online frauds, and digital safety concerns. Her writing aims to raise awareness about evolving cyber threats and legal responses.
