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48% Indians victims of cyber crime last year
November 20, 2015
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New Delhi: An estimated 113 million Indians, or 48 per cent of Indians online, fell victim to cyber crime last year, a report by American software security firm Norton said on Thursday.

Indian victims lost about Rs.16,558 on an average, as compared to the global average loss figure of Rs.23,878 ($358), according to the survey by Norton by Symantec that “explores the emotional side of cyber crime,” Norton officials said.

“Cyber crime takes a true emotional toll. Close to 8 in 10 said they would feel devastated if their personal financial information is compromised while 36 per cent said they felt sad after being affected by online crimes compared with 19 per cent globally,” Norton India country manager Ritesh Chopra said.

“Our findings reveal that consumer reservations are indeed grounded in reality.

“In the past year, 48 per cent of India’s online population or approximately 113 million Indians were affected by online crimes,” he said.

Indian consumers affected by cyber crime lost on average 29.6 hours compared to an average of 21 hours across the 17 countries surveyed.

The “Norton Cybersecurity Insights Report,” covering 17,125 device users aged 18 plus, comprised inputs from 1,000 people from India.

At least 66 per cent of Indian respondents (compared to 60 per cent globally) felt that using public Wi-Fi is riskier than using a public washroom.

The report said 60 per cent of people worry about experiencing cyber crime.

Interestingly, 54 per cent of Indians believe it is more likely that their credit card information will be stolen online than from their wallet and one in two (52 per cent) have either personally experienced credit card fraud or know someone who has.

The survey found that “baby boomers,” defined as 55 years, a group often perceived as less tech savvy, have more secure online habits than the “millennials” — born between the 1980s to early 2000.

“Millennials, born in the digital era, often throw caution to the wind, with 31 per cent admitting to sharing passwords and other risky online behaviour,” Chopra said.

“More than seven in 10 millennials in India have experienced a form of cyber crime, with every second millennial experiencing it in the last 12 months alone,” he said.

Indo-Asian News Service

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