Cyber Crime Crackdown: How MHA’s New Bank Freeze Rules Will Protect Innocent Account Holders
New Delhi: Amid growing concern over the low recovery of money lost to online financial fraud, the Union Ministry of Home Affairs (MHA) has tightened procedures governing the freezing of bank accounts in cyber crime cases. Law enforcement agencies have now been directed to strictly verify the authenticity of complaints before ordering any account freeze, following reports that innocent individuals and businesses are being caught in the cybercrime control framework due to errors or inadequate verification.
