hyderabad
Telangana losing Rs. 5 crores daily to cybercrimes, warns Cyber Security Bureau
Hyderabad is facing a surge in cybercrime, with residents losing an estimated 5 crore rupees daily due to digital fraud. A significant portion of these losses, 4 crore rupees, is attributed to criminals operating abroad. This has prompted the Telangana Cyber Security Bureau (TGCSB) to conduct a Cyber Awareness Session on Digital Arrest Frauds, educating residents about the dangers and providing tips for prevention. The session highlighted the growing threat of Digital Arrest Scams, where fraudsters impersonate law enforcement officials and threaten victims with arrest unless they transfer money. The TGCSB shared tips on how to protect oneself from these scams, including verifying unknown calls, never sharing personal information with strangers, and reporting suspicious activity to authorities. The event saw active participation from residents who emphasized the importance of vigilance and urged others to report any cybercrime incidents. Key officials from the TGCSB attended the session and stressed the importance of collaboration between authorities and residents in combating cybercrimes.10:57 AM Jan 20, 2025 IST