India, Sept. 8 -- The Department of Telecommunications (DoT) said its Financial Fraud Risk Indicator (FRI) helped prevent suspected cyber fraud losses of Rs 5,043.73 crore by August 2026, around 15 months after the system was introduced.

The figure is a sharp increase from the Rs 660 crore in suspected losses that the department said had been prevented during the first six months of FRI's operation. The system was launched on 22 May 2025 as part of DoT's Digital Intelligence Platform (DIP), which facilitates the sharing of telecom-related intelligence with financial institutions and other stakeholders.

According to DoT, cumulative suspected fraud losses prevented through FRI rose from Rs 139.16 crore in August 2025 to Rs 5,043.73 crore ...