Financial Frauds increasing rapidly in Mizoram, 56% of Total Cyber Crimes are Financial Frauds
In the state of Mizoram, financial fraud has emerged as the most common type of cybercrime in recent years. As per official records from the state cybercrime police station, between January 2020 and March 11, 2025, a total of 321 cybercrime cases were registered. Out of these, 181 cases, which is around 56.38%, were related to financial crimes. These primarily involved online banking fraud and cheating through impersonation, where criminals pretended to be someone else to trick people and steal their money.
Apart from financial fraud, there were also other types of cybercrimes reported. These included 32 cases of identity theft, where people’s personal information was stolen and misused; 16 cases involving child pornography, which refers to the possession or sharing of inappropriate content related to children; and nine cases of social media harassment, where people were threatened or bullied online. In addition, there were seven cases of copyright infringement, five cases involving the spreading of false rumours, and one hacking case reported during this period.
The year 2022 recorded the highest number of financial crime cases, with 107 cases filed. Interestingly, this year also saw the highest overall number of cybercrimes in the state, with 158 cases in total. In 2023, the number dropped to 72 cases, and in 2024, it further declined to 41 cases. Out of these, 17 were financial crimes, and 15 were related to sexual harassment. In 2025, up until March 11, 13 cybercrime cases were registered, of which six were related to sexual harassment, and four were about financial fraud.
Over the years, the police have taken action against these crimes. Since 2021, a total of 113 people have been arrested, including eight juveniles (minors). Among those arrested, 40 individuals have been convicted in court for their involvement in cybercrimes. During investigations, the police have managed to recover over Rs 1.42 crore in financial fraud cases between 2021 and March 2025.
At the national level, cybercrime is a growing concern. According to a recent report by CloudSEK, a cybersecurity intelligence company, Indian businesses may face financial losses of up to Rs 20,000 crore due to cybercrimes in 2025. The report is based on an in-depth analysis of data from 200 companies, over 5,000 takedown incidents of fake websites, and records of 16,000 cases of brand misuse. It also includes official data from the Indian Cyber Crime Coordination Centre (I4C).
One of the key findings of the report is that brand name abuse—where fraudsters use the name or identity of popular companies to scam people—is a major issue. This alone is expected to result in losses of over Rs 9,000 crore. The report highlights that brand abuse is involved in about one-third of all cybercrime incidents and plays a part in 70% of major scams in India. CloudSEK’s researcher, Pavan Karthick M, emphasized that this should serve as a serious warning for the country.
Furthermore, the number of cybercrime complaints across India is expected to cross 25 lakh (2.5 million) in 2025, and around five lakh (500,000) of these are predicted to involve brand impersonation. The report builds on earlier findings by I4C, which recorded Rs 11,333 crore in cybercrime-related losses during just the first nine months of 2024. Using artificial intelligence and predictive modeling, CloudSEK has projected how these threats may grow in the coming year, providing valuable insights to help businesses and the government prepare and protect themselves.
