Hyderabad, Dec. 20 -- To counter 'mule accounts' used by cyber criminals, Hyderabad Police Commissioner VC Sajjanar called for the establishment of a dedicated centralised database to identify and track such mule accounts in a meeting with Reserve Bank of India (RBI) Governor on Friday, December 19.

In the meeting at the RBI Hyderabad regional office, that also included Deputy Governor Swaminathan, Sajjanar highlighted the role of the RBI in protecting the "hard-earned savings of the common man."

Calling mule accounts as the "oxygen" sustaining cybercriminals, the Hyderabad Commissioner urged the RBI to implement mule hunter tool in banks. "He apprised the Governor of the modus operandi, where fraudsters lure innocent students and daily...