Recently, Department of Revenue under the Union Ministry of Finance issued notification to include Indian Cyber Crime Coordination Centre (I4C) under the Section 66 of the Prevention of Money Laundering Act (PMLA), 2002.
- This would help I4C to share and receive information from the Enforcement Directorate and other law enforcement agencies, so as to strengthen the country’s fight against cyber-enabled financial crimes.
Section 66 (Disclosure of information) of PMLA Act, 2002
- Enables the Director (Directorate of Enforcement) or any other authority specified by him to share the information with the concerned agency for necessary action.
- Sharing of information shall be on the basis of information or material in his possession, that the provisions of any other law for the time being in force are contravened.
About Indian Cyber Crime Coordination Centre (I4C)
- Officially inaugurated in 2020, it is an initiative of the Union Ministry of Home Affairs, envisaged to act as the nodal point to curb Cybercrime in the country.
- In July 2024, it was made an attached office on the Union Ministry of Home Affairs.
- Objective: To provide a framework and eco-system for Law Enforcement Agencies for dealing with Cybercrime in a coordinated and comprehensive manner.
- Verticals of I4C: National Cybercrime Reporting Portal (NCRP), National Cybercrime Threat Analytics Unit (NCTAU), National Cybercrime Ecosystem Management Unit (NCEMU), Joint Cyber Crime Coordination Team (JCCT), etc.
