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Supreme Court pushes for faster cyber fraud action as reported cases fall sharply

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The Supreme Court has called for prompt action against cyber fraudsters while acknowledging a significant drop in reported incidents, from 1.2 lakh in 2024 to 16,377 currently. Authorities have been directed to fast-track a decision on implementing a 'kill switch' mechanism for mobile phones. Banks will be required to freeze funds transferred into mule accounts as a preventive measure. Victims will be reimbursed recovered amounts more quickly once investigations are completed. The new directives are intended to strengthen the overall cyber crime grievance redressal system.

Read the full story at Times of India

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Supreme Court pushes for faster cyber fraud action as reported cases fall sharply · ShortSingh