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Sberbank: Cybercrime will "cost" $ 44 billion in Russia in 2020!

The Russian bank "Sberbank" estimates that the economy Russia will lose $ 44 billion in cybercrime by 2020. Sberbank holds the title of the largest bank in Russia since 2014. From its headquarters in Moscow, the Russian bank said that the transition from transactions cash in digital payments that followed the outbreak of its global pandemic COVID-19, has exacerbated security problems in the country.

The ongoing pandemic and its aftermath are leading the Bank of Russia to a disappointing 2021 forecast. year.

Sberbank: Cybercrime will "cost" $ 44 billion in Russia in 2020!

Stanislav Kuznetsov, Deputy Chairman of the Executive Board of Sberbank, stated the following: "On average, we are called upon to deal with 26 billion incidents every day cyber security. "

Speaking in the Russian parliament, the Duma, in March this year, the President, Vladimir Putin, called for the suppression of cybercrime. Interior Ministry figures released in October revealed that the number of crimes associated with banking cards in Russia increased by 500% in 2020.

Sberbank: Cybercrime will "cost" $ 44 billion in Russia in 2020!

In the same month, Russia's Federal Security Service (FSB), announced that as part of a joint operation with the Ministry of Interior, it arrested more than 30 people in 11 areas of the country, with 25 of them accused of selling stolen goods. data credit / debit cards from online scams. Authorities said the individuals had set up more than 90 online stores selling the stolen data.

According to Infosecurity Magazine, in 2019, Russian Interior Minister Alexander Kolokoltsev said that cybercrime in Russia had increased dramatically, in contrast to other types of crime that had decreased. "In recent years, cybercrime has increased 16 times. That number is huge, despite the fact that crime is generally declining, including crimes. "It is here that we can come together and unite our efforts.", said Kolokoltsev at a meeting of the Social Council of the Ministry.

Kolokoltsev added that the increase in cybercrime could be due in part to a lack of information on cybercrime. scams and "fraudulent" plans targeting vulnerable and unsuspecting citizens of Russia.

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