Russian Central Bank takes steps to protect its interests in internet

YEREVAN, August 16. /ARKA/.  Russian Federation’s central bank prepared a number of recommendations to strengthen protection of its retail services in the Internet, banki.ru reported.

For instance, the regulator suggested banks using improved mechanisms for protection of information while effecting various online transactions by clients, such multi-factor authentication, dynamic authentication and transaction confirmation using one-time passwords.

The regulator also suggested banks analyzing low information security risks at least every other year.
The Bank of Russia urged credit organizations to increase public awareness of financial services and give clients the right to stop or limit non-sanctioned transactions.

Banks are also recommended to monitor retail services through the Internet and establish criteria for increased attention to transactions.  –0—

spot_img

POPULAR

About 10% of Armenia’s dram-denominated government debt is held by international institutional players: Central Bank Governor

Institutional players are entering the dram-denominated government debt market in Armenia, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Central Bank of Armenia is concerned about the outpacing growth of lending and urges banks to exercise caution

The Central Bank of Armenia considers it important for commercial banks to exercise caution when providing new loans amid the outpacing growth of lending compared to revenues, stated Central Bank Chairman Martin Galstyan.

Central Bank of Armenia warns of a new wave of telephone fraud

The Central Bank of Armenia has warned citizens of a new wave of telephone fraud.

An unforgettable day instead of toys: June 1st guide from Idram&IDBank

June 1st, International Children’s Day, is approaching – a perfect occasion to remind everyone about the importance of children’s rights and their well-being.

Government securities dominate Armenia’s capital market, with a volume of approximately $7.4 billion – Galstyan

Government securities dominate Armenia's capital market, with a volume of approximately $7.4 billion in circulation, stated Martin Galstyan, Chairman of the Central Bank of the Republic.

LATEST NEWS

spot_imgspot_imgspot_img