India's digital fraud rate nearly double global average as scammers target existing accounts

India's digital fraud rate in 2025 reached 7.1%, almost double the global average. This indicates growing online fraud risks as digital payments expand. Fraudsters are increasingly targeting existing accounts with compromised credentials. Sectors like logistics, telecommunications, and insurance face high fraud exposure. This trend prompts regulatory action to strengthen digital security measures.

Raccontata daeconomictimes.indiatimes.com