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The Hindu
The Hindu
National
S. Vijay Kumar

Poor response from banks on cyber frauds during weekends

The Tamil Nadu police have written to the Union government on the “lackadaisical response” of banks to complaints of cyberfrauds made on holidays or after working hours.

The police have pointed out that there is almost no response from banks when fraudulent transactions are reported after working hours, at weekends and on closed holidays, and this is affecting investigation. The police have called for the establishment of a 24/7 cybercell by banks to assist investigators.

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