70 lakh mobile numbers suspended in India due to suspicious transactions

The central government has suspended around 70 Lakh mobile numbers in the country in an effort to curb digital frauds. These numbers are said to have involved in suspicious transactions. Reports have suggested that the government will take more such measures in the future to deal with financial cybersecurity.

The financial services secretary, Vivek Joshi, stated the need for banks to improve their systems to prevent the increasing incidents of digital payment fraud. Joshi also raised concerns about fraud in the Aadhaar Enabled Payment System (AEPS), urging states to look into it and ensure data protection.

The government is planning one more meeting to discuss how to stop the digital fraud in January. The representatives from different departments like the Department of Economic Affairs, Department of Revenue, Department of Telecom, Ministry of Electronics and Information Technology (MeitY), Telecom Regulatory Authority of India, and National Payments Corporation of India hold a meeting to discuss the financial cyber security.

Meanwhile, in an effort to save netizens from spam calls and messages, the Telecom Regulatory Authority of India (TRAI) has launched a Do Not Disturb (DND) app. The app will help users identify spam calls and messages and report them. TRAI is planning to make the app compatible with all devices.

In addition, The Department of Telecommunications rolling out fresh regulations for buying and selling SIM cards. The focus is on preventing scams and frauds linked to fake SIMs. These rules are set to take effect nationwide from December 1st, aiming to bring down the count of scam cases. Originally, the government had planned to implement these regulations on October 1st, but the date was pushed back by two months.

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