Indian Home Minister Amit Shah launched a Central Suspect Registry during the first foundation day celebration of the Indian Cybercrime Coordination Centre (14C) in New Delhi. Additionally, Shah also announced three other initiatives today to address cybercrime issues. This includes the Cyber Fraud Mitigation Centre (CFMC), the Samanvaya Platform, and the Cyber Commandos program.
“Cybersecurity is no longer restricted to the digital world. It is an important part of national security,” said Shah during the event.
Announced a centralised suspect registry
Under this initiative, the National Cybercrime Reporting Portal (NCRP) will create a database of various identifiers, in collaboration with banks and financial intermediaries to strengthen the fraud risk management capabilities of the financial ecosystem.
According to the Home Minister, a Suspect Registry at the central level consolidates data on suspects from across the country into a single platform. He said, “Cyber suspect registry being in state silos does not work. States have borders and so do the state registries. So, we felt the need to create a centralised suspect registry that connects to all states.”
Centralised data repository of cybercrime
The Samanvaya Platform (Joint Cybercrime Investigation Facilitation System) acts as a single data repository of cybercrime, data sharing, crime mapping, data analytics, cooperation, and coordination for law enforcement agencies across India.
Stakeholders form the CFMC
Representatives of major banks, financial intermediaries, payment aggregators, Telecom Service Providers (TSPs), IT intermediaries, and states/UTs Law Enforcement Agencies (LEAs) came together to form the Cyber Fraud Mitigation Centre (CFMC). The initiative will address online financial crimes. Shah also suggested that the CFMC should leverage artificial intelligence (AI) to identify such cybercrime
$208 Million Saved from Cybercrime
According to reports that cited Home Ministry sources, around $7,054 fraudulent transactions were prevented, saving $208 million until December 1.
Another tool that has helped combat cybercrime is the Citizen Financial Cyber Frauds Reporting and Management System, which was introduced in 2021.
It received more than 1.5 million complaints by December 1, 2024, and prevented $445 million worth of transactions.
What is Suspect Registry?
Developed by the Indian Cyber Crime Coordination Centre (I4C), the suspect registry was launched by Union Home Minister Amit Shah on September 10, 2024. The register is available to state and federal agencies with information on 1.4 million cybercriminals connected to financial fraud and other cybercrimes.
How is the Suspect Registry Helping to Stop Cybercrime?
In order to detect and stop fraud, it has been integrated with the National Cybercrime Reporting Portal (NCRP) and closely cooperates with banks and other financial organizations.
By compiling information on cybercrime suspects into a single central database, the registry assists financial institutions in identifying possible dangers and stopping cybercrimes in real-time.
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