Financial Fraud Risk Indicator helps prevent cyber fraud losses worth Rs 660 crore within six months of launch

New Delhi [India], December 22 (ANI): India’s Financial Fraud Risk Indicator (FRI) has helped prevent cyber fraud losses worth approximately Rs 660 crore within just six months of its rollout, according to a Ministry of Communications release.

FRI, it said, underscored the growing impact of coordinated inter-agency action and citizen participation in combating digital financial crimes. Launched on May 22, 2025, FRI is being implemented through DoT’s Digital Intelligence Platform (DIP).