Cybersecurity Frontline: Securing India’s digital finance infrastructure in 2024

In 2024, an era where organisations and individuals increasingly operate online, the landscape of cybercrime is evolving rapidly. India, a burgeoning hub for fintech, has experienced a significant surge in cybercrime. In mid-2023, cybercrime complaints in the country soared by 200%, with financial losses reaching ₹168.5 crores. This alarming rise highlights the vulnerability of both individuals and large institutions, including banks and financial entities, to sophisticated cyber threats.