04:35 GMT23 January 2021
Listen Live
    Get short URL

    The Russian Central Bank's branch for the Central Federal District sent out a letter to banks advising the staff on how to counter potential cyberattacks, local media reported on Wednesday.

    MOSCOW (Sputnik) — The monetary regulator asked the banks to stock up on liquidity and keep ATMs and cash departments well supplied with cash, the Russian Vedomosti newspaper reported.

    The Central Bank also reportedly asked to be informed about any large-scale account withdrawals and the spread of any kind of negative information, through mass media, social networks or mass messaging.

    On December 2, Russia's Federal Security Service (FSB) warned that foreign intelligence services planned cyberattacks on the financial sector in several dozen Russian cities from a Ukrainian hosting company's servers located in the Netherlands.

    In December 2014, Russia's largest retail bank Sberbank fell victim to this kind of attack, when the clients withdrew 300 billion rubles (roughly $48.7 million at the currency exchange rate at the time) from their accounts in just one day, spurred by the rumors that Visa would block all Sberbank payment cards.


    Bank of Russia Ready to Assist Country's Banks in Countering Cyberattacks
    Financial Authorities to Shore Up Russian Banks Against Cyberattacks
    US Companies' Return to Russia Depends on Trump's Political Will - Trade Envoy
    Russian FM Siluanov, French Economy Minister Sapin Hold Meeting in Moscow
    ATM, cash, cyber attacks, cyber security, Sberbank, Russia’s Federal Security Service, Russian Central Bank
    Community standardsDiscussion