A crucial meeting on cyber crime prevention and detection took place on August 20, 2025, at the CP office in Neradmet, part of the Rachakonda Commissionerate. The session gathered 27 bankers and members of the Cyber Crime unit to work together to protect the banking sector.
The meeting focused on two main topics: prevention and detection. For prevention, they discussed key strategies like protocols for opening accounts, setting up efficient help desks, and determining transaction limits and classifications. They also talked about the Aadhaar Enabled Payment System (AePS) and suggested creating a system to help victims with delayed or timeout transactions.
In terms of detection and refund actions, the group explored several important aspects. They considered the use of Application Programming Interfaces (APIs), updates on the National Cyber Response Platform (NCRP), and needed information on account opening forms, Know Your Customer (KYC) data, Internet Protocol (IP) logs, and account statements. Monitoring multiple accounts linked to the same mobile number, email, or Permanent Account Number (PAN) was also discussed.
The meeting was led by Commissioner of Police Rachakonda, Sri G. Sudheer Babu, IPS. He highlighted how cyber crime is evolving and stressed the importance of banks adapting to these changes. He pointed out a 48% rise in reported cyber crime cases in 2024 and called for changes in banking practices, ethics, and culture. He also recommended creating a WhatsApp group dedicated to detecting fraud.
Insights from the Deputy Commissioner of Police for Cyber Crimes enriched the meeting, addressing technical challenges. The gathering saw participation from Deputy Commissioners of Police for Crimes and Administration within the Rachakonda Commissionerate, showing a strong united effort against the rising cyber crime threat in the area.
