New Delhi, May 12 (IANS) Looking to strengthen the fight against cyber frauds, the Union Home Ministry’s Indian Cyber Crime Coordination Centre (I4C) and Reserve Bank Innovation Hub (RBIH) signed a Memorandum of Understanding (MoU) for collaboration, an official said on Tuesday.The two agencies will work together for combating cyber-enabled financial frauds and curtailing mule accounts across the banking and digital payments ecosystem, said the official in a statement.The MoU aims to facilitat…
Latest MuleHunter AI News & Updates
New Delhi, April 30 (IANS) The Secretary, Department of Financial Services (DFS), on Thursday instructed banks to adopt the MuleHunter.AI tool developed by the Reserve Bank of India at the earliest to timely identify and prevent mule accounts involved in financial cyber frauds. The Secretary chaired a meeting with the Commissioner of Police, Hyderabad, and senior officials from the Indian Cyber Crime Coordination Centre, the Central Bureau of Investigation, the Reserve Bank of India, the Indi…
New Delhi, Jan 7 (IANS) The raids by the Counter Intelligence Wing (CIK) of the Jammu and Kashmir Police in connection with a cyber terror case have uncovered scores of mule accounts. The raids were conducted at several locations across the Valley. During the raids the CIK found that there were many mule accounts in operation.The operation was aimed at disabling these accounts which were indulging in cyber frauds and also facilitating terror financing.Acting on specific information, the CIK raid…