Modi Urges Global Framework Against Cyber Fraud

On October 8, 2026, Prime Minister Narendra Modi urged global tech companies to curb cyber fraud and deep fakes at the 10th India Mobile Congress. India lost ₹3,588.2 Cr in 5.83 Lakh fraud cases between FY22 and FY26. The RBI offers compensation up to ₹25,000 for losses under ₹50,000.