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India's digital fraud rate nearly double global average as scammers target existing accounts

  • Saloni Shukla--The Times of India
  • published date: 2026-06-16 11:30:37 UTC

India's digital fraud rate in 2025 reached 7.1%, almost double the global average. This indicates growing online fraud risks as digital payments expand. Fraudsters are increasingly targeting existing accounts with compromised credentials. Sectors like logisti…

Mumbai: India's suspected digital fraud rate stood at 7.1% of all digital transactions in 2025 nearly double the global average of 3.8% underscoring the country's growing vulnerability to sophisticat… [+2757 chars]