Cyber fraudsters have lured US$1.6 billion from Russians in 11 months of 2024.

Supply: Kremlin-aligned Russian information company TASS, citing knowledge from Russia's Inside Ministry

Particulars: "Cybercrime causes vital injury to the financial system and property rights of residents," Russian Inside Minister Vladimir Kolokoltsev added.

Over 702,000 circumstances of cybercrime have been reported in Russia within the first 11 months of 2024, a 14.3% improve in comparison with the identical interval in 2023.

The expansion price of fraud circumstances has slowed considerably, dropping from 44% in 2023 to 9.2% in 2024.

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