India’s FRI helped prevent more than ₹5,000 crore in suspected cyber fraud losses, Mint reports
Mint says the government’s Financial Fraud Risk Indicator uses telecom intelligence to flag risky transactions. The system launched in May 2025, according to the publisher.
TLDR
Mint reports that India’s Financial Fraud Risk Indicator (FRI) has helped prevent suspected cyber fraud losses worth more than ₹5,000 crore since its May 2025 launch. The publisher describes how the system uses telecom intelligence to flag risky transactions and offers six steps consumers can take to protect their money.
Combined views
2.8K
1 Source, first seen ago