Banks propose to improve the fight against cyber fraud

12th of February. FINMARKET.RU – The Association of Russian Banks (ADB) has prepared two bills aimed at combating cyber fraud: one amends the law “On the National Payment System (NPS)”, the other – to the Criminal Code. In a letter sent on February 11 to the director of the Central Bank’s information security department Vadim Uvarov, the association asks “to consider these initiatives and assist in their promotion,” writes Kommersant. As the vice-president of ADB Alexey Voilukov explained, the main innovation will be the chance for clients that the stolen money can be frozen in the fraudster’s account before the documents are submitted to court. There is also the possibility of “receiving promptly documents on the account holder of the” swindlers “”.

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