In the previous five months, victims of different cyber scams in telangana State were able to receive a refund of Rs. 85.05 crore thanks to the efforts of the telangana Cyber Security Bureau (TGCSB). According to Shikha Goel, director of TGCSB, the telangana State Legal services Authority (TGLSA) and TGCSB worked together to achieve the outcome. The focus of these initiatives was to comprehend the causes of the increase in cybercrime cases as well as the challenges that Station house Officers (SHOs) encountered while attempting to file First Information Reports (FIRs) via the National Cyber Crime Reporting Portal (NCRP).

In february 2024, the TGCSB and TGLSA collaborated to produce a Standard Operating Procedure (SoP), which was then actively persuaded to be given to all district Legal services Authorities (DLSAs) in Telangana.
 
6,840 petitions have been filed with the courts since these actions were taken and the instructions given to all district Judges. A total of Rs 85.05 crore in refund orders have been awarded for 6,449 instances, according to Shikha Goel.
 
The Cyberabad Commissionerate has repaid Rs. 36.8 crore of the total, placing it as the highest-processing unit for reimbursements. The program sets a new standard for cyber security and legal action in telangana and marks a significant development in giving victims of cyber fraud with immediate financial assistance.
 
"The Cyber Security Bureau emphasises how crucial it is to report cyberfraud as soon as possible, within the golden hour. Early reporting greatly increases the likelihood that the fraudulent sum would be frozen in the accused's bank account and wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital wallets, perhaps enabling restitution to the victims. The top officer advised victims to report instances by contacting 1930 as soon as possible.
 
Basic Prevention Steps:

● Do not share personal/ financial information online with unknown persons/entities.

● Verify authenticity of messages/emails requesting financial transactions.

● Use strong, unique passwords for bank accounts and change them regularly.

● software and security systems must be updated for protection

● Report suspicious activity/ cybercrime to TGCSB immediately.

● Remember that stock investment only happens through DMAT account and stock exchange and not through any company websites.

● Enforcement agencies do not make video calls and ask for transfer of money to any account for verification purposes.
 
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G GOWTHAM

06/08/2024 09:26 AM