Trai penalises telcos for allowing cybercriminals to dupe digital payment users

The telecom regulator has imposed penalties collectively amounting to Rs 35 crore on eight operators including Bharti Airtel NSE -0.54 %, Vodafone Idea (Vi) and Reliance Jio for allowing cybercriminals to issue fake SMSes to dupe digital payment users.

The Telecom Regulatory Authority of India’s penalties are on various counts of violation of the Telecom Commercial Communication Customer Preference Regulation, documents accessed by ET showed.