Cybercrime remains a significant concern in Visakhapatnam despite a substantial decline in financial losses reported this year.
According to the report, cybercrime-related losses in the city have fallen by around 60% compared with the previous period.
Victims were reportedly defrauded of approximately ₹45 crore this year.
Police action and intervention reportedly helped recover around ₹32 crore of the defrauded amount.
The figures highlight the continuing scale of online fraud despite improvements in recovery and prevention efforts.
Cybercriminals continue to target people through various digital platforms and fraudulent online schemes.
Authorities have been working to improve public awareness and encourage victims to report cyber fraud quickly.
Early reporting can help agencies and banks take timely action to trace and potentially freeze fraudulent transactions.
The decline in losses is seen as a positive development, but the continued occurrence of cybercrime remains a serious challenge for the city.
Police and cybercrime teams continue to focus on monitoring fraudulent activities and strengthening response mechanisms.
Residents are advised to remain cautious while sharing financial information or responding to unknown online messages and calls.
The latest figures underline the importance of digital awareness and prompt reporting in reducing the impact of cyber fraud in Vizag.