Testbook Current Affairs
Testbook Current Affairs
May 23, 2025 at 07:10 PM
*_DoT Launches Financial Fraud Risk Indicator to Tackle Cybercrime_* *Why in News* The Department of Telecommunications (DoT) has introduced the Financial Fraud Risk Indicator (FRI) under the Digital Intelligence Platform (DIP) to combat cyber fraud and secure digital transactions. *What is the Financial Fraud Risk Indicator (FRI)?* A metric that categorizes mobile numbers into Medium, High, or Very High risk of financial fraud. Classification is based on inputs from: * National Cybercrime Reporting Portal (I4C) * DoT’s Chakshu platform * Banking sector alerts *Advance Alerts via Mobile Number Revocation List (MNRL)* DIU issues MNRL to stakeholders, listing numbers disconnected due to: * Involvement in cybercrime * Failed re-verification *Multi-Dimensional Risk Assessment* Numbers flagged under FRI undergo layered analysis using: * Behavioral patterns * Historical fraud records * Real-time verification
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