Hyderabad Police push banks to prioritise customer safety over account targets in anti-cyber fraud drive

Curbing mule accounts, tightening KYC processes, and embedding cyber fraud prevention into slope show metrics were the cardinal highlights of a high-level banking conclave convened by the Hyderabad Police connected Thursday, April 23, arsenic portion of the ongoing Operation Octopus crackdown.

The meeting, chaired by Hyderabad Police Commissioner V. C. Sajjanar, brought unneurotic 75 representatives from 45 nationalist and backstage assemblage banks including determination managers, zonal managers, wide managers, lawman wide managers and nodal officers.