Government Struggles with Low Arrest Rate Amidst 31 Lakh Cyber Fraud Complaints

From the high-profile AIIMS cyber attack to widespread data leaks like that of the ICMR, the National Cyber Crime Portal (NCRP) has seen an alarming rise in cyber fraud complaints. Since 2020, the portal has received 31 lakh complaints as of February 2024. 

However, the most concerning issue, as highlighted by the Central government’s official communication, is the staggeringly low number of arrests in these cases.

Despite over 66,000 cases being registered by various law enforcement agencies, the total number of arrests stands at just 500, amounting to less than 1% of the reported cases. 

This discrepancy has been a recurring topic in meetings within the Ministry of Home Affairs and the Ministry of Finance. During a recent Financial Stability and Development Council (FSDC) meeting, several stakeholders voiced their frustration over the minimal progress in arrests.

A significant part of the problem lies in the increasing prevalence of fraudulent loan lending apps, which have severely impacted India’s financial infrastructure. 

These apps disproportionately affect low-income groups, leading to significant financial losses as money is often funneled out of the country. According to a senior official present at the FSDC meeting, many of these apps operate from China, posing a dual threat to both financial institutions and the economic stability of vulnerable populations. The official noted that some Indian nati

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