DoT Launches Financial Fraud Risk Indicator to Tackle Cyber Crime:
The Department of Telecommunications (DoT) has introduced the Financial Fraud Risk Indicator (FRI), a powerful analytics tool under the Digital Intelligence Platform (DIP). This initiative aims to identify and block mobile numbers linked to potential financial frauds, thereby bolstering cyber safety and helping institutions such as banks and UPI platforms prevent fraudulent transactions.DoT officially announced the rollout of FRI to financial stakeholders, marking a crucial step toward real-time fraud prevention and cybercrime mitigation in India’s digital ecosystem. The move follows a rise in cybercrime linked to mobile numbers used for digital payments, especially UPI transactions.
