Educated, digitally savvy and still vulnerable: IIT Madras study challenges myths about cybercrime Victims

A study by researchers at IIT Madras has found that victims of financial cybercrime in India are often highly educated professionals, challenging the perception that those who fall prey to online fraud are primarily careless, financially unaware or greedy.

The study found that even high levels of digital literacy do not necessarily protect individuals from cyber fraud.

The victims interviewed included IT professionals, bankers, doctors, management and finance professionals, public-sector officers and individuals with cybersecurity certifications, according to a release issued by IIT Madras on Tuesday.