{"id":53245,"date":"2026-09-08T12:25:22","date_gmt":"2026-09-08T06:55:22","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=53245"},"modified":"2026-09-09T12:51:20","modified_gmt":"2026-09-09T07:21:20","slug":"financial-fraud-risk-indicator","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/financial-fraud-risk-indicator\/","title":{"rendered":"Financial Fraud Risk Indicator"},"content":{"rendered":"<h2><b>Financial Fraud Risk Indicator Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Department of Telecommunications (DoT) has prevented suspected cyber fraud losses of more than \u20b95,000 crore through its Financial Fraud Risk Indicator (FRI) in the 15 months since its launch.\u00a0<\/span><\/p>\n<h2><b>About Financial Fraud Risk Indicator<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It was <\/span><b>launched in May 2025<\/b><span style=\"font-weight: 400;\"> by the Department of Telecommunications (DoT\u2019s<\/span><b>) Digital Intelligence Unit (DIU).<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is a <\/span><b>risk-based metric<\/b><span style=\"font-weight: 400;\"> that classifies mobile numbers into three categories: <\/span><b>Medium, High, and Very High Risk<\/b><span style=\"font-weight: 400;\"> based on their likelihood of involvement in financial fraud.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The classification draws from a comprehensive analysis using inputs from various platforms, including the <\/span><b>Indian Cybercrime Coordination Centre\u2019s National Cybercrime Reporting Portal<\/b><span style=\"font-weight: 400;\"> (NCRP), <\/span><b>DoT\u2019s Chakshu platform,<\/b><span style=\"font-weight: 400;\"> and intelligence shared by banks and financial institutions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">This tool enables banks, <strong><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/what-is-a-non-banking-financial-company-nbfc\/\" target=\"_blank\">non-banking financial companies (NBFCs)<\/a><\/strong>, and UPI service providers to take appropriate <\/span><b>measures for customer protection and transaction validation.<\/b><\/li>\n<\/ul>\n<h3><b>Key Facts about Digital Intelligence Unit<\/b><\/h3>\n<ul>\n<li><span style=\"font-weight: 400;\">It was <\/span><b>launched in 2024.<\/b><\/li>\n<li><span style=\"font-weight: 400;\">It is a <\/span><b>secure, nationwide intelligence-sharing and coordination platform<\/b><span style=\"font-weight: 400;\"> developed by DoT.<\/span><\/li>\n<li><b>Purpose:<\/b><span style=\"font-weight: 400;\"> To <\/span><b>counter telecom-enabled cyber frauds<\/b><span style=\"font-weight: 400;\"> and the misuse of telecom resources.<\/span><\/li>\n<li><b>Functions<\/b>\n<ul>\n<li><span style=\"font-weight: 400;\">It enables <\/span><b>real-time collaboration<\/b><span style=\"font-weight: 400;\"> with telecom service providers, banks, financial institutions, law enforcement agencies and government departments, through the sharing of actionable intelligence on the <\/span><b>Mobile Number Revocation List (MNRL),<\/b><span style=\"font-weight: 400;\"> suspected fraudulent mobile numbers (FRI) and related digital identifiers.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">By bringing these stakeholders onto a single platform, DIP has institutionalised a whole-of-ecosystem approach to fraud prevention.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source: <\/b><strong><a href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2307871&amp;reg=48&amp;lang=1\" target=\"_blank\" rel=\"nofollow noopener\">PIB<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Fraud Risk Indicator was launched in May 2025 by the Department of Telecommunications (DoT\u2019s) Digital Intelligence Unit (DIU). Read more about Financial Fraud Risk Indicator, Classification, Significance, Latest News.<\/p>\n","protected":false},"author":24,"featured_media":53288,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1318],"class_list":["post-53245","post","type-post","status-publish","format-standard","has-post-thumbnail","category-upsc-prelims-current-affairs","tag-financial-fraud-risk-indicator","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/53245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=53245"}],"version-history":[{"count":3,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/53245\/revisions"}],"predecessor-version":[{"id":123655,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/53245\/revisions\/123655"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/53288"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=53245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=53245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=53245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}