Mamedi says collective effort is crucial in preventing fraud
TRAI Secretary V. Raghunandan has called for collaboration through strategic public-private partnerships to combat digital fraud and make India lead in such development.
“Only one agency, public or private cannot address all the dimensions of security in the country,” he said at a Fraud Prevention Summit hosted by PHD Chamber of Commerce and Industry in New Delhi.
“India is likely to lead such developments and this is the reason why we must look at every security dimension. Collaboration is the new mantra!”
Alan Mamedi, Co-founder and CEO of Stockholm-headquartered Truecaller, assured, “We are dedicated to advancing our products and services to match the swift evolution of fraudulent activities facilitated by technology. Our commitment involves proactively mitigating risks through innovation and fostering collaboration among all stakeholders.
“This collective effort is crucial in preventing fraud, safeguarding citizens, and ensuring a safe digital experience for citizens.
“The Fraud Prevention Summit represents a significant step in this direction, uniting key stakeholders to adopt effective strategies to counter emerging threats and fortify user trust in digital communication.”
The summit served as a collaborative platform for various stakeholders, including industry leaders, government representatives, technology innovators, policymakers, and safety experts, to explore the crucial theme of ‘Enhancing Safety in Digital Communication’, Truecaller said in a release on 21 Nov 2023.
The event facilitated a meaningful dialogue on comprehending the legal, social, and economic impacts of fraud, as well as harnessing the power of AI and technology to mitigate risks and combat fraudulent activities in the rapidly evolving digital landscape.
Truecaller has forged close collaborations with various government departments and agencies, including the Ministry of Electronics and Information Technology, Ministry of Home Affairs, Department of Telecommunications and Telecom Regulatory Authority of India as well as law enforcement agencies and civil society organisations.
These partnerships are aimed at combating fraud and enhancing safety in digital communication. With over 262 million users in India, Truecaller is a trusted ally for protection against spam, scams, and fraud.
Founded in 2009, Truecaller has over 368 million active users, with more than a billion downloads since launch and close to 50 billion unwanted calls identified and blocked in 2022. Fiinews.com
