The government said that it blocked about 1.4 lakh mobile numbers so far that were involved in cyber-crime or financial frauds. Central Government Blocks About 1.4 Lakh Mobile Handsets Linked to Cybercrime, Financial Frauds.
The finance ministry said that banks and financial institutions will share information in a standardised format for ease of analysis by law enforcement agencies and further ensure round-the-clock availability of resources to promptly address complaints, which will improve the fraud-to-hold ratio.
According to the latest directive received from the Union Ministry of Home Affairs (MHA), the students undergoing training under Students Cadet Programme will also be taught “e-suraksha” curriculum to make them aware of online crimes.
The Reserve Bank of India (RBI) has cautioned people against fraud in the name of KYC updation amid increasing incidents of customers falling prey to fraud.