New Delhi: Concerned over growing incidents of cybercrime, Home Minister Rajnath Singh on Monday reviewed various measures, including the strengthening of surveillance and legal framework, to deal with financial frauds using bank cards and e-wallets.
A high-level, inter-ministerial meeting, chaired by the home minister, took stock of the steps being taken to check financial cybercrime emanating from the usage of cards and e-wallets in particular and how to protect interests of the citizens, according to a home ministry statement.
Big data analysis by IIT-Delhi for identification of perpetrators of phone frauds to prevent duplication across e-wallets, and providing additional information through SMS or email alerts to customers from banks or e-wallet companies are some of the key actions being taken by the government.P5