Karnataka State Police to introduce e-zero FIR for reporting cybercrimes soon
Karnataka State Police are preparing to launch an e-zero FIR system for cybercrimes to enable real-time freezing of fraudulent bank accounts. The system aims to streamline reporting while requiring complainants to follow up with jurisdictional police within three days.
Why it matters
Improving the speed of financial intervention in cybercrime cases is vital to mitigating victim losses and preventing money laundering.
Karnataka State Police will soon introduce a feature where you can file e-zero FIRs in cases of cybercrimes, which will help banks freeze accounts that are laundering money in real time.
However, a complainant will have to present themselves before the jurisdictional police within three days to register an FIR following all due procedures, failing which the complaint will be closed.
Bengaluru City Police introduced the Cybercrime Incidence Report (CIR), a model that has now been adapted across the country with 1930 helpline to report cybercrimes. However, freezing accounts based on these tipline reports has been a problem at both ends of the spectrum.
While many banks demand FIRs, which a CIR is not, the cybercrime police across the country have been getting accounts held beyond their jurisdictions frozen as well, leading to many genuine business accounts also being frozen, increasing the number of litigations.
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