1. IIT Madras study finds cybercrime victims are often highly educated, digitally literate

IIT Madras study finds cybercrime victims are often highly educated, digitally literate

India

  • An IIT Madras study found financial cybercrime victims were often highly educated, digitally literate professionals.
  • Researchers found victims were often targeted during stress or life disruption, causing an "engineered brain freeze."
  • Financial losses ranged from a few thousand rupees to over Rs 1 crore, alongside shame, insomnia and depression.
  • The study, based on 33 victim interviews, found institutional responses to cybercrime varied widely in effectiveness.

Source: economictimes.indiatimes.com

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