New Delhi: The Ministry of Home Affairs’ cybercrime initiative 14C has managed to block fraudulent bank transactions worth Rs 8,031.56 crore since its inception in September 2024. It has also identified over 24.67 lakh mule bank accounts. The ministry stated the figures in the Lok Sabha.
The I4C or Indian Cyber Crime Coordination Centre is an attached office under the Home Ministry that deals with all types of cybercrimes in the country. Banks and financial institutions share data with the platform as India sees a surge in scams like phishing, ransomware, and card fraud, to identity theft, cyberbullying, and digital arrest, among others.
Responding to a question by Lok Sabha MP Delkar Kalaben Mohanbhai on strategies to curb cybercrimes, the ministry said the 14C launched a suspect r

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