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HomeNewsFinanceCentre reviews Hyderabad Police's Operation Octopus, pushes anti-fraud AI tool

Centre reviews Hyderabad Police’s Operation Octopus, pushes anti-fraud AI tool

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Centre reviews Hyderabad Police’s Operation Octopus, pushes anti-fraud AI tool

Hyderabad: The Department of Financial Services (DFS) has directed banks to adopt the Reserve Bank of India (RBI)-developed artificial intelligence tool MuleHunter.AI at the earliest to detect and block mule accounts being used by cyber criminals to siphon money from victims of digital financial fraud. The instruction came at a high-level meeting chaired by the DFS Secretary, which was attended…

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