Top 10 Cybercrimes in Telangana in 2024 and their Financial Impact
In 2024, Telangana witnessed a rise in cybercrimes, with over ₹1,866 crore lost to fraudulent activities. The top crimes included investment frauds, impersonation scams, identity theft, loan frauds, and advertisement scams. The average loss per victim in investment frauds was ₹9.68 lakh. The state registered over 58,000 cybercrime cases in the first half of 2024 alone, resulting in a loss of ₹898 crore. This surge is attributed to increased internet usage and evolving tactics by fraudsters, highlighting the importance of exercising caution online.
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