> Based on what?

Yahoo Finance report that's 3 years old, puts India at #4: https://finance.yahoo.com/news/15-countries-most-cyber-crime...

But 2024 data from PIB puts the number of occurrence much higher at 2.27 million: https://www.pib.gov.in/PressNoteDetails.aspx?NoteId=155384&M...

> You don't need to root everyone's phones to regulate financial crime.

Yes, I agree. Read this comment: https://news.ycombinator.com/item?id=46113070

> India is building a centralised backdoor into every phone in the country. That's a massive national security risk.

Are these what backdoors are? It's an app. It can be uninstalled, right? Are there physical backdoors like American agency NSA tried to install? Or like the Chinese phones that many suspect?

- https://www.spiegel.de/international/world/privacy-scandal-n...

- https://www.cnet.com/tech/mobile/xiaomis-phones-had-a-securi...