Government Blocks 6 Lakh Fraudulent Transactions in Three Months

In nearly three months since the launch of the online 'suspect registry,' the Union government has prevented 6,00,000 fraudulent transactions, saving approximately ₹1,800 crore ($216 million), reported The Indian Express. The registry, based on the National Cybercrime Reporting Portal (NCRP), contains data on 1.4 million cybercriminals linked to financial fraud. Developed by the Indian Cyber Crime Coordination Centre (I4C), it is now used by state, union territory, and central agencies, along with financial institutions. Additionally, over 867,000 mule accounts, 700,000 SIM cards, and 140,000 mobiles have been blocked or frozen.