In response to a sharp spike in digital payment frauds, the Reserve Bank of India (RBI) is joining forces with major public and private sector banks to build the Digital Payment Intelligence Platform (DPIP), a real-time, data-driven system aimed at detecting and preventing fraudulent digital transactions. The initiative, reported first by PTI, is a strategic…
The primary goal is to enhance user confidence and security by ensuring that customers always see the verified, official name of the payment recipient. This change aims to reduce fraud and errors in any type of digital transactions. The National Payments Corporation of India (NPCI), which oversees digital payment systems such as Bharat Bill Pay,…
Gmail is going to have a feature of logging in with QR code for two-step verification very soon. The company is going to introduce the option of authentication by scanning a QR code instead of a 6-digit SMS. Google has taken this decision to stop cyber frauds from Gmail. Google had introduced the option of…
CYBER CRIME International CBI, in collaboration with the FBI and INTERPOL, has dismantled a transnational cyber-enabled financial crime network under Operation CHAKRA-III. Raids across Delhi, Gurgaon, and Noida led to the seizure of significant evidence and the arrest of 43 individuals. The investigation revealed extensive cyber fraud operations targeting victims worldwide, with proceeds funneled…
Triveni Singh, a 2011 batch state cadre IPS officer who is known as the ‘cybercop’, held the position of superintendent of police (SP) cybercrime since August 2020, retired from his services. He retired at least two years before his scheduled superannuation in November 2025. Initially appointed as a provincial police services (PPS) officer in 1994,…
The Bengaluru police cyber crime unit has busted an interstate cyber fraud network which had opened several benami accounts (mule accounts) to carry out cyber frauds. The police have arrested six accused of which, five are from Kerala and one hails from Karnataka. The group used to trap innocent people, especially petty workers in the…
