DoT system to classify mobile numbers based on fraud risk

In a bid to curb cyber fraud and protect citizens from financial crimes, the Department of Telecommunications (DoT) has launched the Financial Fraud Risk Indicator (FRI)—a tool that helps banks, payment apps, and other financial services identify whether a mobile number has been used for fraudulent activities.

- RAKESH KUMAR @ New Delhi

The tool checks if a phone number is linked to past fraud and then marks it as Medium, High, or Very High risk. It gathers this information from various sources, including the National Cybercrime Reporting Portal, DoT's Chakshu platform, and intelligence share