The central government has taken a big step to curb cyber crime. Now the Indian Cyber Crime Coordination Center (I4C) has got the right to exchange information with the Enforcement Directorate (ED) under the strict law against money laundering PMLA (Prevention of Money Laundering Act).
The I4C, established under the Ministry of Home Affairs, has been made a nodal agency to control cybercrime in the country. Its main objective is to establish better coordination between various law enforcement agencies and other stakeholders and strengthen India's ability to deal with cybercrime.
It will be easy to trace the money trail.
The Revenue Department of the Finance Ministry issued a notification on April 25 stating that I4C has now been included under Section 66 of PMLA. This means that now it will be easy to share information between I4C and ED, so that the money trail i.e. the transaction of money can be traced and the masterminds of cyber fraud can be reached.
This step of the government is considered very important amid the rapidly increasing cyber fraud cases. Nowadays, thugs are targeting common people through fake websites, fake social media pages and misleading advertisements on search engines. Apart from this, they trap people by sending OTP or web link on mobile or email. As soon as a person carelessly clicks on the link or shares the OTP, their phone or computer gets hacked.
How to complain about cybercrime
The government has appealed to the public that if anyone sees any suspicious website or case of online fraud, then immediately report it on the National Cyber Crime Reporting Portal (cybercrime.gov.in) or call the 1930 helpline number.
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