with returns by stimulating banks to better protect their clients and improve the quality of anti-fraud systems. If a crit institution performs these functions poorly, it will bear financial how to generate appointments responsibility.
The initiative stipulates that if the bank
sending the payment receiv information from our database about cases and attempts to transfer funds without the client’s consent, but did not take it into account in its business processes and made a transfer to such an account, then it will be oblig to return the stolen funds to the client in full within 30 days.
In addition, the bank receiving the payment will be able to restrict remote access to the account if information about such an account is in the database of cases and attempts to transfer funds without the client’s consent.
A consensus has been reach on the draft law
interdepartmental coordination has been complet, and all systematic management of business processes interest ministries and departments have support it. In addition, we intend to further discuss with the market and alb directory experts the regulator’s initiatives to combat cyber fraud and social engineering in mid-February at the Ural forum “Cybersecurity in Finance” in Yekaterinburg.