Indian government bans 70 lakhs sim card

Indian government to counter the surge in online scams and financial frauds, blocked 70 lakh mobile numbers associated with cybercrime or financial frauds.

The government is considering various proactive measures, such as blocking IMEI numbers and restricting withdrawals from flagged accounts.

Financial Services Secretary Vivek Joshi expressed concerns about the vulnerability of "dormant" and "mule" bank accounts.

In a meeting with officials from RBI, TRAI, NPCI, and the IT ministry, it was noted that 7 million mobile connections associated with cybercrime or financial fraud have been deactivated.

Set up a PIN or password with your mobile carrier to authenticate any SIM card changes, protecting against sim swapping.

Exercise caution when clicking on links or responding to messages, especially those claiming to be from trusted organizations.

Verify message legitimacy before taking any action.

Be cautious of deceptive messages on messaging apps like WhatsApp. Verify the sender's identity and enable two-factor authentication for added security.

Avoid sharing sensitive details through messages or calls, and be mindful of information shared on social media to prevent scammers from crafting convincing phishing attempts.

Monitor bank statements, mobile bills, and other financial accounts regularly. Report any suspicious activity promptly to mitigate potential damage.