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Russia's Central Bank sees jump in cyber theft from bank accounts

Thursday 20 February 2020 10:52 CET | News

In 2019, Russia’s central bank recorded an increase in online theft that saw 6.4 billion roubles (USD 100.37 million) stolen from private and corporate bank accounts.

The central bank said it had recorded more than half a million unauthorised operations across bank accounts in the country in 2019, Reuters cited a bank report published on February 19, 2020.

Still, the bank did not provide statistics from 2018 that could have shown how significant the increase in cyber theft was last year.
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Keywords: central bank, Russia, online theft, corporate bank accounts, bank reports, cyber security
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: Russian Federation
This article is part of category

Securing Transactions