The Central Bank of the Russian Federation intends to introduce a two-day “cooling-off period” for suspicious transfers. The bill has passed interdepartmental approval. The regulator hopes that in the near future the initiative will be adopted at first reading, the vice president of the Central Bank, German Zubarev, told Izvestia.
The regulator’s FinCERT maintains a database of cases and attempts to transfer money without the consent of the client. It also contains information about the transactions carried out, about the payers and recipients of the transfers.
The data from this database will be transferred to the issuing bank and the receiving bank, they will have to use this information in their anti-fraud systems, Zubarev explained.
According to the regulator’s representative, the client needs that period to understand what is happening. He may not immediately understand that he is under the influence of scammers. In two days, a citizen or his relatives will be able to notice that something is wrong, said the vice president.
In July-September 2022, financial fraudsters stole nearly 4 billion rubles from Russian bank clients. This is almost 40% more than in the second quarter. At the same time, the number of robberies also increased by 8.8%, to 229.7 thousand cases.
The Bank of Russia associated this with an increase in the number of cybercrimes in online purchases – scammers began to create fake websites of well-known financial organizations and stores more often.
Author:
karina pardaeva
Source: RB
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