The government said that cyber frauds have caused the loss of Rs 219.73 crore to the Indians in past three years.

Informing the Parliament Communications and IT Milind Deora said as many as 24,882 cases were registered by the RBI and CBI in the same period for such crimes.

"As per information available with Reserve Bank of India (RBI), total monetary loss suffered by Indians (as reported to RBI) is Rs 38 crore, Rs 67 crore and Rs 54 crore during the years 2011-12, 2012-13, 2013-14 (up to September 30, 2013)," Minister of State for Communications and IT Milind Deora said.

Deora said with increasing penetration of Internet, mobile, computer, proliferation of Information Technology (IT) applications and online services, e-commerce and payments through credit and debit cards, the number of cybercrimes being reported has shown a rising trend during the recent past.
 
He said that the amount of monetary loss in the cases registered by Central Bureau of Investigation (CBI) is Rs 8.85 crore (2011), Rs 3.39 crore (2012) and Rs 48.49 crore (up to November 30, 2013).
 
"As per information available with RBI, 10048, 8765 and 6035 fraud related cyber crime cases have been reported to the RBI during 2011-12, 2012-13 and 2013-14 (up to September 30, 2013). CBI has registered 12, 11, and 11 cases during 2011, 2012, and 2013 (up to November 30, 2013) respectively," he added.