"According to the Reserve Bank of India (RBI), the number of fraud cases as reported by banks on account of ATM debit cards/credit cards/internet have decreased from 15,018 in the calendar year 2010 to 8,322 in the calendar year 2012," Telecom Minister Kapil Sibal told the Lok Sabha during Question Hour.
However, the amount involved had increased from Rs 4048.94 lakh in 2010 to Rs 5266.95 lakhs in 2012, he said.
Sibal informed the House that the government has formed Computer Emergency Response Team (CERT) to keep a watchful eye on all cyber activities and in case of a threat of a cyber attack it informs those likely to be targeted.
He said government is keeping a watch on sectors like aviation, banking and transportation.
In reply to a question on the recent controversy over use of Section 66A against a person in Maharashtra, Sibal conceded that police personnel do not have sufficient knowledge about cyber laws.