I4C and RBIH Sign Landmark MoU to Enhance AI-Based Cyber Fraud Detection

The Indian Cyber Crime Coordination Centre (I4C) and the Reserve Bank Innovation Hub (RBIH) have signed a Memorandum of Understanding (MoU) aimed at bolstering the detection and prevention of cyber-enabled financial frauds. This initiative focuses on leveraging Artificial Intelligence to identify and eliminate mule accounts, a significant obstacle in curbing cyber crimes. Union Home Minister Amit Shah emphasized the government's commitment to creating a cyber-secure Bharat through advanced fraud detection systems.

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