India's Digital Banking Fraud Value Jumps 35% Despite Fewer Attempts

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Cybersecurity

28 July 2026 at 11:28 pm

India's Digital Banking Fraud Value Jumps 35% Despite Fewer Attempts

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Summary

A new report indicates that while attempted digital banking fraud sessions in India decreased by 12%, the value of these fraudulent payments increased by 35% as cybercriminals shifted to higher-value scams.

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