Financial Frauds and Cyber Crimes in India

The aim of this article is to study cybercrimes in India and find out the present scenario of cybercrime in India. It is also aimed to identify the different types of financial frauds that occur in banking industry. In depth knowledge, awareness and trends of cybercrime will help the common people to understand and carry out e- transactions safely. It has been found that UPI is the most popular device to trap people. The study on cybercrime in India is significant due to the increasing rate of cybercrimes in the country, as evidenced by a substantial rise in reported cases. Understanding the types of cybercrimes, their impact on individuals and organizations, and the preventive measures is crucial for enhancing cybersecurity practices and protecting against digital threats. This study sheds light on the evolving landscape of cyber threats and the importance of proactive measures to combat cybercrime effectively.