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Since demonetization was announced in November 2016, a huge number of people had to adopt digital transactions overnight without awareness of associated traps and pitfalls.
Online fraudsters are making the most of this opportunity and allegedly online frauds have shot up with the boom in online payment adoption.
The cyber cell of the city police, which has recently been granted the status of an independent police station, has been receiving 300 applications on an average per month to probe online monetary frauds.
DCP, cyber cell, Rajdeepsinh jhala , said they are going all out to ensure that the hard-earned money lost by the victims to cyber fraudsters, mostly operating from Noida of Uttar Pradesh is recovered.
In the year 2018, the cyber cell of the city had received around 3,600 applications of monetary frauds in which people had lost Rs 1,30,84,631 to cyber crooks.
“We have managed to recover Rs 1,13,54,160 out that money which is appreciable,” DCP Jhala said.
“We have arrested around 200 accused from Delhi and other parts of the country in the year 2018.
The figure was around 150 in 2017 and 125 in November 2016. Still the number of cases related to monetary frauds are on the rise,” he said. In 2016 the cases stood at around 100 per month.
“It shot up to 200 in 2017 and now, in 2018, the load is nearly 300 new cases per month,” Jhala said.Inspector V B Barad of the cyber cell said one of their main objectives is to recover the money lost by the victims.
“Merely based on application of complaints we have been able make 87% recovery by contacting banks, e-wallet companies and have been able to get the money back.
However, in cases in which FIRs have been registered, we have to wait for the legal procedure. Investigations are carried out by 13 police sub-inspectors,” said a senior cyber cell official.
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