DoT Mobile Number Verification Platform to Fight Online Fraud
Why in the news
To fight digital fraud, the telecom department is preparing a platform through which lenders can check whether a mobile number really belongs to the account holder.
Key facts
- Body: Department of Telecommunications (DoT).
- Platform: Mobile Number Verification (MNV).
- Users: banks and financial institutions.
- Function: verify ownership of mobile numbers linked to accounts.
- Target: frauds such as phishing and identity theft.
Significance
Knowing who owns a number tied to an account makes misuse harder.
Exam angle
- Launching authority: DoT.
- Abbreviation: MNV.
- Frauds named: phishing, identity theft.