The Central Bank of Russia has found problems with cybersecurity in all verified Banks


This year, the Bank of Russia checked 75 Banks for compliance with cybersecurity requirements and found all violations of the requirements. The head of the CBR Elvira Nabiullina informed about this, speaking at the II International Cybersecurity Congress (ICC).

Nabiullina said, "Since last year, the Central Bank as a regulator has the authority to supervise financial institutions in terms of how they fulfill cyber security requirements. Last year we checked 58 Banks, this year - 75. Problems and violations were found in all of them."

The Chairman of the Central Bank added that the problems found in Banks should not be considered critical, but they can become such over time, if not to take measures to prevent possible cybercrime.

Nabiullina noted that protection from cyber risks and the level of cybersecurity in the near future will become a competitive advantage for all companies. At the same time, the main drawback is that the business processes of Banks do not include the management of cyber risks.

The Chairman of the Central Bank drew attention to the fact that Russian bankers have no particular fear of hackers. Apparently, for this reason, certain shortcomings or problems were identified in each financial organization.

According to Nabiullina, there is a neglect of cybersecurity in society, and the heads of companies do not understand the problem.

Nabiullina stressed, “Our task is to use new technologies and try to go a step further, keeping up with hackers.”

Russian Prime Minister Dmitry Medvedev also spoke at the ICC. He said that it was necessary "to develop global security standards". Also, Medvedev noted that crimes that are committed with the help of the Internet "have no boundaries."

It should be noted that earlier German Gref, CEO, Chairman of the Executive Board of Sberbank, expressed the opinion that the heads of large companies should be paranoid in the fight against cyber threats: "We are responsible not only for ourselves, but we have hundreds of millions of our customers."
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