The Ministry of Home Affairs has operationalised the national Helpline 155260 and Reporting Platform for preventing financial loss due to cyber fraud.
Cyber Fraud is the crime committed via a computer with the intent to corrupt another individual’s personal and financial information stored online.
The National Helpline and Reporting Platform provides a mechanism for persons cheated in cyber frauds to report such cases to prevent loss of their hard earned money.
Also, a National Cyber Security Strategy 2020 is being formulated by the Office of National Cyber Security Coordinator at the National Security Council Secretariat.
About the initiative
The helpline has been made operational by the Indian Cyber Crime Coordination Centre (I4C), in coordination with the Reserve Bank of India, all major banks, payment banks, wallets and online merchants.
It has been developed by I4C to integrate Law Enforcement Agencies and Banks and Financial Intermediaries.
The facility empowers both the banks and the police.
Important value additions
Indian Cyber Crime Coordination Centre
The scheme to set up I4C was approved in October 2018.
It deals with all types of cybercrimes in a comprehensive and coordinated manner.
It has seven components:
National Cyber Crime Threat Analytics Unit
National Cyber Crime Reporting Portal
National Cyber Crime Training Centre
Cyber Crime Ecosystem Management Unit
National Cyber Crime Research and Innovation Centre
National Cyber Crime Forensic Laboratory Ecosystem
Platform for Joint Cyber Crime Investigation Team.
Location: New Delhi.
Other Initiatives to Tackle Cybercrime:
Draft Personal Data Protection Bill, 2018 to secure citizens data.