According to a global survey conducted by FIS, a financial services technology firm, Indians are among the most frequent victims of online banking frauds. In fact, around 18% of Indians surveyed reported a fraud in the preceding year. This was a higher percentage than any other country’s respondents. In comparison, only 8% of people from Germany reported a fraud followed by 6% in the UK. A major portion of frauds affected Indians between the ages of 27 to 37 – the most regular users of online banking channels. Around 25% of the people in this age group reported a fraud. This past December, Ravi Shankar Prasad, the minister for information technology, said that there were over 25,800 cases of digital fraud in India in 2017 resulting in the theft of nearly ₹1.8 billion rupees.
— source businessinsider.in