Combatting Organised Financial Crimes in India's Digital Economy: Challenges, Initiatives, and the Path Forward - News Summed Up

Combatting Organised Financial Crimes in India's Digital Economy: Challenges, Initiatives, and the Path Forward


Combatting Organised Financial Crimes in India's Digital Economy: Challenges, Initiatives, and the Path ForwardWhat Is Organized Financial Crimes? Moreover 7 Joint cybercrime coordination teams (JCCTs) have been constituted for better coordination among states and Union territories. Indian Cybercrime Coordination Centre (I4C) facilitated the filing of Cybercrime complaints and identifying cybercrime trends and patterns. Indian Cybercrime Coordination Centre (I4C) act as an early warning system for Law Enforcement Agencies for proactive Cybercrime prevention and detection. (Indian Cybercrime coordination centre (I4C), n.d.)The new Penal Code, Bharatiya Nyaya Sanhita 2023 has been penalised for organised financial crimes.


Source: The Hindu May 30, 2024 12:18 UTC



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