Launch and Impact of CFCFRMS 2.0 Platform on Cyber Fraud Reporting
The Ministry of Home Affairs has updated on the 'Citizen Financial Cyber Fraud Reporting and Management System' (CFCFRMS), detailing its operations since its launch in 2021. The system has reportedly saved over Rs. 11,158 Crore from financial frauds through more than 32.80 lakh complaints. A comprehensive SOP has been established to streamline complaint processing, alongside the implementation of key modules for money restoration and grievance redressal.
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