Institutional

Indian Government Inaugurates National Cryptocurrency Forensic Lab

from The Bitcoin News 5 years ago 0 0 1179

India’s Union Home Minister Rajnath Singh inaugurated a national cyber forensic lab and the Delhi Police’s cybercrime unit called the Cyber Protection Awareness and Detection Center (Cypad) on Monday, The Hindu reported.

“It is the first cybercrime awareness and detection centre opened in the country,” Delhi Police Commissioner Amulya Patnaik was quoted as saying. The national cyber forensic lab includes units such as a “memory forensics lab, image enhancement lab, network forensics lab, malware forensics lab, cryptocurrency forensics lab, damaged hard disk and advanced mobile forensics lab,” the publication wrote. Noting that the new lab will help officers detect cyberfraud, he elaborated:

We are now equipped with technology to recover data from damaged hard disks, cryptocurrency analysis, malware forensic and data can be retrieved from 33,000 kinds of mobile models available in the market. Cyberexperts will train our staff.

Both the Cypad and the national cyber forensic lab are located in the same complex in Dwarka’s Sector 16 C, according to The Hindu. The lab is part of the Union Home Ministry’s Indian Cyber Crime Coordination Center.

The Cypad “aims to provide cyber investigation, cyber forensics, cyber safety and security-related services to the citizens as well as to police units and agencies of Delhi,” the publication detailed. “The centre in Dwarka will provide security services to citizens, cops and other agencies to better equip the country in the fight against cybercrime.”

Minister Singh said that cybercrime is the “biggest threat to digital India,” the news outlet conveyed. He further emphasized that Cypad “will deal with cryptocurrency fraud and international tech-supported frauds,” Devdiscourse publication noted. On Sunday, The Times of India reported that the city crime branch has busted a gang allegedly involved in a crypto scam that duped investors an estimated Rs 100 crore (~$14 million).

What do you think of the Indian government’s crypto forensic lab? Let us know in the comments section below.

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