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Cybercrimes
India's cybersecurity product revenues are expected to grow to around USD 6 billion by 2026, the Data Security Council of India said on Thursday. IT industry body Nasscom's data security arm has estimated Indian cybersecurity product companies earned revenue of USD 4.46 billion in 2025. "India cybersecurity product companies revenue is set for healthy growth in 2026. It is estimated to reach USD 5.98 billion in 2026," DSCI CEO Vinayak Godse said at Annual Information Security Summit 2025. He said that the segment has grown 4 times in the last 5 years. "The segment grew 25 per cent year-on-year in 2025," Godse said. He said artificial intelligence (AI) will be an important factor that will have an impact on the segment. "It is a greenfield for the segment. We are still trying to figure out the impact of AI. We are also seeing the geopolitics scenario at present has made the market conducive for India cybersecurity companies," Godse said. He said India cybersecurity firms have bee
The Supreme Court on Monday said it is inclined to entrust to the CBI the probe into digital arrest cases after taking into consideration the magnitude and pan-India spread of such crimes, and sought details of FIRs registered in different states and union territories. A bench of Justices Surya Kant and Joymalya Bagchi issued notices to all the States and UTs on digital arrest cases and posted the suo motu cases registered by it on a complaint of an elderly women defrauded by fraudsters on November 3. The top court noted the submissions of Solicitor General Tushar Mehta, appearing for the CBI, that cyber crime and digital arrest cases are originating from off-shore locations like Myanmar and Thailand and directed the probe agency to come up with a plan to probe these cases. We will monitor the progress of the CBI investigation, issue whatever directions are necessary, it said. The bench asked the CBI to respond whether it needs more resources, including cyber experts who are not in
The government is taking various measures, including setting up Digital Intelligence Platform, to curb cyber crimes and international spoof calls have also come down, Union Communication Minister Jyotiraditya Scindia said on Wednesday. He told the Lok Sabha that the communications and home ministries have taken four to five major measures to deal with cyber crimes. The Digital Intelligence Platform (DIP) brings various stakeholders together. It has coopted 620 institutions, including 570 banks, police institutions of 36 states and investigating agencies, Scindia said during the Question Hour. Elaborating on the measures taken, the minister also said that international spoofed calls have come down by 97 per cent. A Fraud Risk Indicator (FRI) software is being used wherein the data about individuals doing fraud with banks are categorised into various categories. The details are provided to all the banks and the transaction of such individuals are blocked, he said. Responding to a .
China issued warrants on Thursday for 20 Taiwanese people it said carried out hacking missions in the Chinese mainland on behalf of the island's ruling party, while separately banning dealings with a Taiwanese company whose owners mainland authorities called hardcore Taiwan independence supporters". Police in the southern manufacturing hub of Guangzhou said they were led by a man named Ning Enwei on behalf of Taiwan's independence-leaning Democratic Progressive Party but did not identify their alleged crimes. Meanwhile, China's government said all commercial contact had been banned with the Sicuens International Company Ltd., which it says are led by businessman Puma Shen and his father, calling the two men independence supports. Websites mentioning Sicuens say it specializes in sourcing bicycle parts from China. Shen is also the head of the Kuma Academy, an organization that encourages Taiwanese people to prepare for possible invasion. China considers Taiwan its own territory, to
Financial frauds were the most common cybercrime in Mizoram, accounting for 56.38 per cent of 321 cases registered between January 2020 and March 11 this year, as per official data. A total of 181 cases of financial crimes, primarily online banking fraud and cheating by impersonation, were registered during the period, records from the state cybercrime police station said. Other offences include identity theft (32 cases), child pornography (16), social media harassment (nine), copyright infringement (seven), false rumours (five), and hacking (one). The highest number of financial crimes was reported in 2022 during which 107 cases were registered, the records said. More than Rs 1.42 crore was recovered in financial fraud cases between 2021 and March 11, 2025. The state registered the highest number of cybercrimes in 2022, recording 158 cases, followed by 72 cases in 2023, the records stated. The number of cybercrime cases decreased to 41 in 2024, and of these, 17 were related to .
The Centre has constituted seven joint cyber coordination teams for enhance coordination among different law enforcement agencies dealing with cyber crimes and cyber crime hotspots, Rajya Sabha was informed on Wednesday. Union Minister of State for Home Bandi Sanjay Kumar also said that the Indian Cybercrime Coordination Centre (I4C), which functions under the Ministry of Home Affairs, has proactively identified and blocked more than 3,962 Skype IDs and 83,668 WhatsApp accounts used for digital arrest. He said the law enforcement agencies have blocked over 7.81 lakh SIM cards and 2,08,469 IMEIs linked to digital frauds till February 28 this year. The International Mobile Equipment Identity (IMEI) is a unique number assigned to every phone. Seven joint cyber coordination teams have been constituted for Mewat, Jamtara, Ahmedabad, Hyderabad, Chandigarh, Vishakhapatnam and Guwahati under I4C covering the whole country based upon cyber crime hotspots/areas having multi jurisdictional ..
Indian entities are expected to lose Rs 20,000 crore due to cyber crimes this year, cyber security intelligence firm CloudSEK said in a report. The company claims to have done a detailed analysis of 200 companies across sectors, over 5,000 domain takedowns, data of about 16,000 brand abuse, official data from the Indian Cyber Crime Coordination Centre (I4C) documenting nationwide cybercrime patterns and financial impacts etc for artificial intelligence based projection. "The biggest revelation from our research is the sheer scale of financial losses of over Rs 20,000 crore due to cybercrime, of which Rs 9,000 crore is due to brand name abuse alone. The fact that brand abuse is implicated in nearly one-third of all cybercrime incidents and a staggering 70 per cent of high-value scams is a wake-up call for India," Pavan Karthick M, Threat Intelligence Researcher at CloudSEK said. Cybercrime complaints are expected to exceed 25 lakh, with 5 lakh explicitly mentioning brand ...