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’Cyber crimes in India may double in 2015’

New Delhi, January 4: The number of cyber crimes in India may touch 300,000 in 2015, almost double the level of last year, causing havoc in the fincial space, security establishment and social fabric, a study said. “What is causing even more concern is that the origin of these crimes is widely based abroad in countries including Chi, Pakistan, Bangladesh and Algeria among others,” D.S Rawat, secretary general, ASSOCHAM said while releasing the joint ASSOCHAM–Mahindra SSG study “Cyber and Network Security Framework”. At present, the number of cyber crimes in India is nearly around 149,254 and is likely to cross the 300,000 by 2015 growing at compounded annual growth rate (CAGR) of about 107 percent. According to the study, every month sees 12,456 cases registered in India. During 2011, 2012, 2013 and 2014, the total number of cyber crimes registered were 13,301, 22,060, 71,780 and 62,189 (till May) respectively, it said. (IANS)

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