Cyber crimes alone cost India Rs 24,630 cr in 2013: Report
Cyber crimes have cost India a whopping about Rs 24,630 crore (USD 4 billion) in 2013 alone as criminals used sophisticated means, says a Delhi High Court-commissioned report.
New Delhi: Cyber crimes have cost India a whopping about Rs 24,630 crore (USD 4 billion) in 2013 alone as criminals used sophisticated means, says a Delhi High Court-commissioned report.
"Internet frauds alone have cost India a whopping 4 billion USD (about Rs 24,630 crore) in 2013 as cyber criminals are using more sophisticated means like ransomware and spear-phishing," the report said.
The facts figure in a report submitted by Surinder S Rathi, additional district judge and OSD to Delhi Legal Service Authority (DLSA), before the court in pursuance of a direction that a comprehensive study be conducted on various issues including the cost incurred in running the criminal justice system.
The bench of justices Gita Mittal and J R Midha, which is yet to pronounce the quantum of sentence to three convicts including Vikas Yadav in the 2002 Nitish Katara murder case, had also asked DLSA to compute the cost incurred in the trial of this case, besides determining the compensation paying capacity of the convicts.
However, the reports gives no further details of cyber crime stalking the country.
Dealing with other crimes in the chapter, of `Cost of Criminal Justice System`, the report, quoting from the National Crime Records Bureau data, said that in 2013, as many as 66.40 lakh criminal complaints were received by the police stations across the nation.
It said that in Delhi alone, a total of 86,800 criminal complaints were received at its 175 odd police stations apart from around 89 lakh distress calls received by it last year.
"Although better part of the world has awaken to the exorbitant financial cost of running the criminal justice system, but our country is yet to take its first step in the right direction. Owing to mindless and unscientific planning all the wings of criminal justice system are highly chaotic in their functioning and are immensely overburdened," it said.
The report said that despite India having 12,700 odd police stations and 15.70 lakh policemen manning them, incidents of crime are spiralling uncontrollably.
"A lot is being done in this regard by all the stakeholders but unfortunately owing to lack of scientific methodology and concerted efforts of all concern not much headway could be achieved," the report said.