A Coordinated Regulatory Push

In a determined effort to strengthen India’s defences against the growing menace of financial cybercrime and spam, the Department of Telecommunications (DoT) has introduced several decisive measures. Leading these initiatives is the recently unveiled “Financial Fraud Risk Indicator (FRI)”, a risk-based metric developed as part of the Digital Intelligence Platform (DIP). The FRI is designed to empower financial institutions by offering actionable intelligence on mobile numbers that pose a risk of involvement in cyber fraud.