With the rise in cell funds and a digital ecosystem in India the place there’s an app for nearly all the pieces, the federal government has taken observe that you will need to arrange a brand new unit to combat monetary frauds and safeguard folks’s belief in digital providers. The authorities is engaged on making a nodal company, named as Digital Intelligence Unit (DIU).
“The main function of DIU will be to coordinate with various LEAs, Financial Institutions and telecom service providers in investigating any fraudulent activity involving telecom resources,” the ministry of communications stated in a press assertion.
Officials additionally recommended that to guard the pursuits of the shoppers, “at License Service Area level, Telecom Analytics for Fraud Management and Consumer Protection (TAFCOP) system will also be created.”
With the brand new initiatives, the central authorities expects to make monetary digital transactions primarily by cell safer.
The new growth comes after a “high-level meeting” chaired by telecom minister Ravi Shankar Prasad passed off to handle the priority and irritation of shoppers over pesky advertising calls, repeated harassment by SMS, promising fraudulent mortgage transactions, and so forth.
The officers admitted that Do-Not Disturb (DND) service was not as efficient because it was anticipated. “Even subscribers registered in Do-Not Disturb (DND) service continue to receive commercial communication from Registered Tele-Marketers (RTMs) and further Unregistered Tele-Marketers (UTMs) are also sending commercial communication to the subscribers,” it famous. The minister directed officers to take strict motion to cease harassment of telecom subscribers. Also, an internet or cell app and SMS primarily based system will probably be developed for efficient dealing with of pesky calls and SMS together with monetary frauds.
