Online crime affects 113 million

Mumbai: About half of India’s online population or 113 million individuals were affected by online crime during the last 12 months. According to a study conducted by software security firm Norton, Indians on an average have lost Rs 16,558 to online fraud in the last one year.  

“Indian consumers affected by cyber crime lost on average 29.6 hours compared to an average of 21 hours across the 17 countries surveyed. On the other hand, an Indian lost an average of Rs 16,558 compared to the global average of Rs 23,878,” the survey said.

Interestingly, the study pointed out that it is the young tech savvy individuals who are more prone to cyber attacks. ‘Baby boomers’, a group often considered less tech savvy report more secure online habits than millennials. While millennials born in the digital era, often throw caution to the wind with 31 per cent of the respondents admitting to sharing passwords and other risky online behaviour.

“Even though ‘Millennials’ have been immersed in online technology most of their lives, they are more reckless in many ways with only one in four believing they are more responsible when an online crime occurs,” said Ritesh Chopra, country manager, India, Norton.       

The report found that 60 per cent of people worry about experiencing cyber crime. Interestingly, 54 per cent of Indians believe it’s more likely that their credit card information will be stolen online than from their wallet and one in two (52 per cent) Indians have either personally experienced credit card fraud or know someone who has.

 

 

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