The rising number of cybercrime cases has brought the spotlight on low penetration (how many people have it) of cyber insurance in the country, and this trend is more pronounced in Telangana.
The State received 71,426 complaints out of the 11,28,265 registered with the Citizen Financial Cyber Fraud Reporting Management System in India in 2023.
With 15% detection, Telangana also emerged as the hotspot for malware attacks last year. This was followed by Tamil Nadu with 14% detection, as per the Data Security Council of India (DSCI).
