Gujarat loses over Rs 1 crore every day to cyber fraud

Every day, citizens in the state collectively lose Rs 1 crore to Rs 1. 2 crore to online financial fraud, according to the cybercell ofGujaratCID crime. Most of these co mplaints are pertaining to victims falling prey to sextortion rackets and cyberbullying related to instant loan apps.

The complaints are largely from four major cities of the state including Ahmedabad. This startling fact was revealed by officials of the cybercell of the Gujarat, CID crime, at the Hacked session held atSurya Emeraldresidential Society on Iscon-Ambli Road.

The sessionwas organized by The Times of India and Gujarat CID (crime) to make societies more aware of cybercrime and its prevention. The cops revealed that, every day, they receive about 1,200 calls on the cybercrime helpline 1930. Of these around 250 calls are related to financial frauds.