Cyber fraud worth 5,044 crore prevented: Govt

Cyber fraud worth 5,044 crore prevented: Govt

NEW DELHI: India is increasingly stopping cyber fraud before money leaves a victim's account. A telecom-led risk system has helped banks and payment platforms prevent suspected fraudulent transactions worth Rs 5,043.7 crore in 15 months, govt said, marking a shift from tracing stolen money to intercepting payments in real time, reports Aabhas Sharma.