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Image Source: The Hindu

Bangalore is responsible for 72 of the over 500 Crore rupees lost to cybercrime in Karnataka since 2019

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Bengaluru has lost approximately Rs 35 lakhs to the problem every day since 2019, totaling Rs 517.6 crores, despite awareness programmes and stricter legislation to combat it.

 

Bangalore was the site of 72% of all such financial losses in Karnataka. Throughout the same period (January 2019 to January 2023), Karnataka residents are estimated to have lost more than Rs 722 crore, or more than Rs 48 lakh every day.

According to data from the home department, the amount of money lost by individuals has increased every year at the state and city levels. According to data from the home department, the amount of money lost by individuals has increased every year at the state and city levels.

 

From Rs 47.6 crore in 2019 to Rs 71.2 crore in the state in 2020, the amount in Bengaluru rose by 66% and 49%. In comparison to Bengaluru, which saw a 24% growth in 2021, the state saw a 37% increase. The losses exceeded Rs 363 crore in 2022, including Rs 266.7 crore in Bengaluru, and the numbers rose even higher.

 

In comparison to Bengaluru, where people lost more than 84 lakh rupees per day, Karnataka citizens lost at least one crore rupees per day in 2023 as a result of hackers taking more than 36 crore rupees from them.Of the total of Rs 722 crore, the police had only been able to recoup Rs 97.3 crore from cybercriminals. Of the amount recovered from these cybercrime cases in Bengaluru, Rs 63 crore were paid out.

 

This information was provided in response to a specific question posed by lawmaker M. Nagaraju to the home minister Araga Jnanendra.According to the administration, specialised cybercrime security teams are being formed in each area.

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