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

ACBA Bank issues bonds totaling 10 billion drams and $10 million

ACBA Bank is offering, via a public offering, two tranches of non-documentary coupon bonds, with a total volume of 10 billion drams and $10 million. The offering period runs through February 20, 2027.

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

Business, Banks, and Investment: Biodiversity Financing to be Discussed at COP17 in Yerevan

A "Business and Biodiversity Forum" will be held in Yerevan as part of COP17, focusing on the private sector's role in achieving international biodiversity conservation goals.

VTB (Armenia) supports the Newmag BOOK DONATION initiative in the city of Hrazdan

VTB (Armenia) continues to support the socially significant "BOOK DONATION" project by the Newmag publishing house, which aims to replenish library collections in Armenia’s regions with contemporary literature.

Remittances to Armenia from EAEU member states could drop by $2.1 billion, conditions for labor migration could become more stringent

Should Armenia’s participation in the Eurasian Economic Union (EAEU) be suspended, monetary transfers from EAEU member states to Armenia could fall from a projected $3,953.5 million in 2025 to $1,850 million—a decrease of $2,103.5 million.

LATEST NEWS

spot_imgspot_imgspot_img