Thu, 15 January
0.1 C
Yerevan
USD: 379.42 RUB: 4.83 EUR: 441.46 GEL: 140.79 GBP: 509.18

ArCa payment system malfunctioned because of fraudsters

YEREVAN, February 16. /ARKA/. The Armenian national payment system Armenian Card (ArCa) reported a failure due to fraudsters.

“An unknown vulnerability was found in the Safari browser, due to which fraudsters were able to download saved passwords and personal data. This problem also affected those users of the ArCa app/site who had not set up two-factor authentication (2FA). For this reason, card-to-card transfers are not available on the ArCa app/website,” the national payment system said today.

It said that Apple updates for iOS 16.3.1, iPadOS 16.3.1, macOS Ventura 13.2.1 released February 13, 2023 allowed to solve the problem, the descriptions refer to a similar problem – information is available at: support.apple.com and howtogeek.com.

The ArCa system strongly recommends that users activate two-factor authentication (2FA) when connecting to their accounts.

“This option is available only in the web version of our site (not through the application) in the “Personal settings” section,’ ArCa warned. – –0–

spot_img

POPULAR

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ministry of Finance has identified cases in which the 2% cashback will not be awarded for payments made with ArCa cards

The Armenian Ministry of Finance has clarified which non-cash transactions made with ArCa payment system cards will not be eligible for cashback.

LATEST NEWS

spot_imgspot_imgspot_img