DoT launches FRI tool to flag risky mobile numbers in cyber frauds

The Department of Telecommunications (DoT) on Wednesday announced the Financial Fraud Risk Indicator (FRI), a new multi-dimensional analytical tool developed as part of its Digital Intelligence Platform (DIP), to help financial institutions with advanced actionable intelligence for cyber fraud prevention.

FRI enables enhanced intelligence sharing with banks, UPI service providers and financial institutions, which in turn help tackle cyber fraud and financial crime.