forms one focus of a dedicated cybercrime lab launched by authorities this week, Indian daily news outlet reported on Feb. 19.
As part of efforts to step up the fight against internet-based adversaries, India’s Union Home Minister Rajnath Singh inaugurated the cyber forensic lab and Cyber Protection Awareness and Detection Centre (CyPAD), which will be operated by police in Delhi.
Within the lab, there will be a special unit focused on cryptocurrency, following involving using the emerging phenomenon to commit crime.
“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,” the Hindu quotes Delhi Police Commissioner Amulya Patnaik as saying.
The announcement comes as India continues to make slow progress on separating the actions of criminals from legitimate usage of cryptocurrency.
Local scams encountered by police regularly make the headlines, but domestic cryptocurrency businesses have that the position adopted by India’s has create a more robust landscape.
As Cointelegraph reported, the on banks serving crypto businesses in July last year, a decision that has since been in the country’s highest .
Earlier this month, a government research panel appeared to Delhi was concerned about the potential impact of cryptocurrency on the stability of the rupee.
Published at Tue, 19 Feb 2019 09:06:00 +0000
