Karnataka Cyber Fraud: ₹5,474 Cr Lost in 3 Yrs; Daily ₹6 Cr Stolen

• Karnataka residents lost ₹5,474 crore to cyber fraud in the last three years, averaging over ₹6 crore daily.
• Officials have recovered ₹627 crore from cyber fraud cases, despite daily losses exceeding ₹6 crore.
• Over 52,000 cyber fraud incidents occurred in Karnataka in the last four years, attributed to digital illiteracy, social media overuse, and advanced tech misuse.
• Karnataka leads in combating cybercrime, being the first state to establish a dedicated cyber department led by a DGP.
• State efforts to amend police laws against online gaming faced court challenges, with the matter currently pending in the Supreme Court.

Why It Matters: Karnataka's ₹5,474 crore cyber fraud loss shows massive digital vulnerability.