MHA panel wants IIT-D help to fight cyber crime

The inter -ministerial committee on phone frauds (IMCPF) Monday suggested profiling of cyber crime victims by the Indian Institute of Technology (Delhi) and ranking of e-wallet companies as important measures necessary to tackle online fraud in India.

The committee, constituted by the ministry of home affairs (MHA) in September this year, has recommended that IITDelhi should undertake an elaborate exercise of profiling victims of cyber crime, particularly those perpetrated through phone, to assess the most vulnerable sections of people in terms of their social standing, age group, and education, among others.

It has suggested that e-wallet companies should regularly publish data of cyber fraud committed by misusing their portals, eventual goal of the exercise being to rank the e-commerce websites.

In a statement the MHA said the decision can enable customers to make an informed choice before subscribing to e-wallet services.

Moreover, as part of customer alert mechanism, banks or e-wallet firms will be asked to provide additional information through alerts to customers, including names of “beneficiaries” of a financial transaction.

The recommendations were made during a high-level meeting presided over by home Minister Rajnath Singh.