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Nabiullina: the application of the bank should be reliable as a safe

A bank application should be as reliable as a safe in a bank. And the credit institution should ensure its protection and reimburse customers stolen, said the head of the Bank of Russia Elvira Nabiullina.

Nabiullina: the application of the bank should be reliable as a safe
05.03.2025
Lesezeit: 2 min
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📝 Summary

A bank application should be as reliable as a safe in a bank. And the credit institution should ensure its protection and reimburse customers stolen, said the head of the Bank of Russia Elvira Nabiullina.

Today held a meeting of Russian President Vladimir Putin with members of the government. Elvira Nabiullina said that the bank’s application should be as reliable as the safe in the bank’s cash register, and the bank itself should take over the antivirus protection of its application. “If the customer agreed and the bank was unable to protect its application from hacking, it should compensate for the stolen,” she said. According to her, usually scammers first secretly gain control of the victim’s phone, and then access to the applications of banks. In the second half of last year, almost half of the thefts from accounts were committed in this way. “These embezzlements fall on banks, which are sleeved to the security of their applications,” said the head of the Central Bank. On the air of the Iron Logic program, Russian political scientist Sergei Mikheev said that it is the sacred duty of the state to protect its citizens. According to him, now the main danger is open enemies, since a lot of fraud is made from the territory of Ukraine. This has the character not of criminal actions of individual citizens, but of a cyberwar, which is part of the war waged by Ukraine against Russia with the support of Western countries. And to ignore it for the sake of someone’s private or group commercial interests is criminal, Mikheev said. He noted that he always called for the state to use the most radical approaches in this case. “The main report is the result. If the measures led to a reduction in fraud at times, then they work, and if they did not, then they do not work, the expert added.

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