{"id":337788,"date":"2025-05-23T14:28:27","date_gmt":"2025-05-23T08:58:27","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=337788"},"modified":"2025-05-28T18:55:39","modified_gmt":"2025-05-28T13:25:39","slug":"financial-fraud-risk-indicator-fri","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/financial-fraud-risk-indicator-fri\/","title":{"rendered":"Financial Fraud Risk Indicator (FRI)"},"content":{"rendered":"<p><strong>News<\/strong>: The The Telecom Department introduces &#8216;Financial Fraud Risk Indicator&#8217; to fight cyber fraud. <strong>Financial Fraud Risk Indicator (FRI)<\/strong><\/p>\n<h2>About Financial Fraud Risk Indicator (FRI)<\/h2>\n<figure id=\"attachment_337790\" aria-describedby=\"caption-attachment-337790\" style=\"width: 417px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-337790\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/05\/Source-NewsOnAir.jpg?resize=417%2C338&#038;ssl=1\" alt=\"\" width=\"417\" height=\"338\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/05\/Source-NewsOnAir.jpg?resize=300%2C243&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/05\/Source-NewsOnAir.jpg?resize=768%2C622&amp;ssl=1 768w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/05\/Source-NewsOnAir.jpg?w=936&amp;ssl=1 936w\" sizes=\"auto, (max-width: 417px) 100vw, 417px\" \/><figcaption id=\"caption-attachment-337790\" class=\"wp-caption-text\">Source &#8211; NewsOnAir<\/figcaption><\/figure>\n<ul>\n<li>It is a <strong>multi- dimensional analytical tool<\/strong> to empower financial institutions with advance actionable <strong>intelligence for cyber fraud prevention<\/strong>.<\/li>\n<li>This initiative <strong>aims<\/strong> to bolster <strong>cyber protection by identifying mobile numbers<\/strong> linked to potential financial fraud before a transaction takes place.<\/li>\n<li><strong>Developed by:<\/strong> Department of Telecommunications (DoT) under its <strong>Digital Intelligence Platform (DIP)<\/strong><\/li>\n<li><strong>Working:<\/strong> The FRI is a <strong>risk-based metric<\/strong> that classifies mobile numbers into <strong>three categories<\/strong> Medium, High, and Very High based on their likelihood of involvement in financial fraud.\n<ul>\n<li>The classification draws from a comprehensive analysis using inputs from various platforms, including the <strong>Indian Cybercrime Coordination Centre\u2019s National Cybercrime Reporting Portal (NCRP), DoT\u2019s Chakshu platform<\/strong>, and <strong>intelligence<\/strong> shared by banks and financial institutions.<\/li>\n<\/ul>\n<\/li>\n<li>It empowers <strong>stakeholders<\/strong>-especially <strong>banks, Non-Banking Financial Companies, and UPI service providers <\/strong>to prioritize enforcement and take <strong>additional customer protection<\/strong> measures in case a mobile number with high risk.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: The The Telecom Department introduces &#8216;Financial Fraud Risk Indicator&#8217; to fight cyber fraud. Financial Fraud Risk Indicator (FRI) About Financial Fraud Risk Indicator (FRI) It is a multi- dimensional analytical tool to empower financial institutions with advance actionable intelligence for cyber fraud prevention. This initiative aims to bolster cyber protection by identifying mobile numbers&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/financial-fraud-risk-indicator-fri\/\">Continue reading <span class=\"screen-reader-text\">Financial Fraud Risk Indicator (FRI)<\/span><\/a><\/p>\n","protected":false},"author":10393,"featured_media":337790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,12039],"tags":[11872],"class_list":["post-337788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-factly-articles","category-economy","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/05\/Source-NewsOnAir.jpg?fit=936%2C758&ssl=1","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/337788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10393"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=337788"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/337788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media\/337790"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=337788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=337788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=337788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}