The facility empowers both the banks and the police by leveraging new-age technologies for sharing online fraud-related information and taking action in almost real-time.
Lawyers against Covifraud and India pro bono lawyers are among the groups that have organised through social media to offer advice and aid to victims of pandemic-related frauds.
While Delhi Police has launched a helpline for victims, many are taking to social media to share how they paid for oxygen cylinders that never came, or were even sent fire extinguishers instead.
According to Delhi Police, 62% of all cyber complaints were related to financial fraud, 24% involved social media while the rest were cases of extortion, hate speech and others.
Uttar Pradesh tops the list in cyber crime, with a majority of the cases for fraud, while Mahrashtra saw the most number of sexually-motivated cyber crimes.
Nobody is safe in a market where competition is stunted and choice limited. For the industry, meaningful reform will have to start with the government itself.
Data shows re-alignment in India’s exports, with Tamil Nadu & Telangana posting strong growth in 2024-25 as traditional heavyweights Gujarat & Maharashtra see declines. Gujarat still leads, though.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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