The firm has also helped the country's investigating agencies like CBI in several high profile cases such as the multi-crore Satyam scam. Financial data is one of the most lucrative data for the fraud masterminds.

"India's USD 108 billion IT services industry is the world's favoured destination for outsourcing. Over 40 per cent of exports by the industry are support services for the global financial sector, ranging from investment bank back-office functions to research, risk-management and processing of insurance claims," it said.

One needs digital currencies to buy stolen credit card numbers in this underground deep web, mainstream currencies like Euro or USD are not allowed in this portion of web, the report 'Laundering in Cyber World- The Digital Currency Way' said.

Data theft becomes critical when it is perpetrated by outsiders like hackers, malwares and phishers having access to technology programs capable of accessing and stealing digital information such as credit card numbers, debit card numbers, prepaid value card numbers and bank account credentials, it said.

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