Telangana Cyber Security Bureau recovers ₹85.05 crore for cyber fraud victims during March-July

Updated - August 06, 2024 11:38 am IST - HYDERABAD

The TGCSB emphasises the critical importance of reporting cyber fraud within the ‘golden hour’, which is the moment the crime is discovered or suspected.

The TGCSB emphasises the critical importance of reporting cyber fraud within the ‘golden hour’, which is the moment the crime is discovered or suspected. | Photo Credit: Representational photo

The Telangana’s Cyber Security Bureau (TGCSB) has recovered ₹85.05 crore for victims of cyber fraud between March and July of 2024. 

This success stems from a collaborative effort between the TGCSB and the Telangana State Legal Services Authority (TGLSA), said the director of the bureau, Shikha Goel. “Since the implementation of strict measures and directives issued to the District Judges on February 20, a total of 6,840 petitions have been submitted to courts. Notably, refund orders have been granted in 6,449 cases, totalling a staggering ₹85.05 crore,” said the official, adding that Cyberabad emerged as the top performing unit with ₹36.8 crore recovered for victims.

The TGCSB emphasises the critical importance of reporting cyber fraud within the ‘golden hour’, which is the moment the crime is discovered or suspected. “Immediate reporting significantly increases the chances of freezing stolen funds in the perpetrator’s accounts, facilitating their return to victims. Victims are urged to report incidents promptly by calling 1930 or visiting the cybercrime.gov.in ,” added the officer.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.