Another direction, in his opinion, could be financial markets.
Posted: Wed Jan 22, 2025 4:05 am
· Level of financial literacy of the population
However, Andrei Zhukov believes that "the heart of a beautiful woman is prone to betrayal." This situation may change if a new crisis of 2008 occurs.
"Until 2008, people trusted banks until their money was frozen in accounts, after which there was a sharp collapse in trust in the financial system," said Andrei Zhukov.
He confirmed the data of bangladesh whatsapp number database the previous speaker, specifying that the number of fraudulent transactions increased by a third: from 877 thousand in 2022 to 1160 thousand in 2023 (11%).
"This is a very confident, significant, tangible increase in banking fraud, which does not contribute to the growth of trust in the economy," Andrei Zhukov concluded.
The question from a ComNews correspondent at the round table was: "Every criminal has a motive and an opportunity. The motive of bank criminals is clear - it's profit. But the opportunity to commit a crime is provided by the pride of our financial sector - the system of fast payments, which turns over huge sums in a split second. A fooled person can come to his senses a minute after committing a crime, and the money has already flown away. Isn't it time to do something about this?"
Economist and leading expert at the Center for Political Technologies Nikita Maslennikov noted: "There is an idea to create a committee for standardization of banking organizations' activities within the Central Bank, which will deal with this problem, among other things. Another issue is that the decision to create the committee has not yet been made, and we are not yet talking about the functions of this body. But it will also solve these problems."
Nikita Maslennikov also reported that the Central Bank and the Federal Antimonopoly Service (FAS) have agreed on constant monitoring of bank advertising (print and television), recalling a recent case when Pochta Bank was fined 500 thousand rubles for violating advertising legislation.
Nikita Maslennikov told a ComNews correspondent about the trends that are expected on the financial fraud "market" in the near future.
"There will be new fraud schemes. Fraudsters started with something relatively simple and accessible - to wedge themselves into bank-client relations. But then new fields will emerge where the risks of cyber fraud must be taken into account. Firstly, they will move from "individuals" to legal entities - to interfere with relations between a person and a company. This could be failure to conclude contracts with the self-employed or attempts to attack the public procurement system. We can expect fraud with international payments and settlements - especially in the context of secondary sanctions and when our partners experience the effects of compliance checks. It is possible that a bilateral transaction will attract a third party. This is also a likely direction for cyber attacks," says Nikita Maslennikov.
"In the current situation, this sounds fantastic, but as soon as the mass retail investor begins to revive, scammers will immediately appear. Cyber scammers go for the mass. For a mass service. Now there is a decline in the number of retail investors and the volumes of funds they place, compared to what it was in 2019-2020, but it will be overcome, and where money appears, there is a scammer. And I do not rule out that this will be a new direction, a kind of global trend. For example, digital currencies. Here, not only Russia, the whole world will suffer. Judge for yourself: digital currencies are being developed and tested by more than 80 national banks. Digital assets will be used in cross-border settlements - this is simply an invitation for cyber scammers. Digital currencies need to be developed. They solve a lot of problems for business and international business communication, but we need to pay full attention to security risks. This is a game of Cossacks and robbers. Some have learned to stop a certain type of fraud - their opponents have changed their profile and started practicing another type of cybercrime. Alas, unfortunately, this is how it is for now. Until humanity becomes better," Nikita Maslennikov concluded.
One of the episodes of the round table was a story about a scientist-economist who, despite all his knowledge and experience, almost fell for the "divorce" of telephone scammers. Therefore, ComNews turned to the head of the OSINT group of the cyber threat counteraction center SOC CyberART Innostage Albert Antonov with a request to name methods of protection against telephone scammers that are within everyone's power.
However, Andrei Zhukov believes that "the heart of a beautiful woman is prone to betrayal." This situation may change if a new crisis of 2008 occurs.
"Until 2008, people trusted banks until their money was frozen in accounts, after which there was a sharp collapse in trust in the financial system," said Andrei Zhukov.
He confirmed the data of bangladesh whatsapp number database the previous speaker, specifying that the number of fraudulent transactions increased by a third: from 877 thousand in 2022 to 1160 thousand in 2023 (11%).
"This is a very confident, significant, tangible increase in banking fraud, which does not contribute to the growth of trust in the economy," Andrei Zhukov concluded.
The question from a ComNews correspondent at the round table was: "Every criminal has a motive and an opportunity. The motive of bank criminals is clear - it's profit. But the opportunity to commit a crime is provided by the pride of our financial sector - the system of fast payments, which turns over huge sums in a split second. A fooled person can come to his senses a minute after committing a crime, and the money has already flown away. Isn't it time to do something about this?"
Economist and leading expert at the Center for Political Technologies Nikita Maslennikov noted: "There is an idea to create a committee for standardization of banking organizations' activities within the Central Bank, which will deal with this problem, among other things. Another issue is that the decision to create the committee has not yet been made, and we are not yet talking about the functions of this body. But it will also solve these problems."
Nikita Maslennikov also reported that the Central Bank and the Federal Antimonopoly Service (FAS) have agreed on constant monitoring of bank advertising (print and television), recalling a recent case when Pochta Bank was fined 500 thousand rubles for violating advertising legislation.
Nikita Maslennikov told a ComNews correspondent about the trends that are expected on the financial fraud "market" in the near future.
"There will be new fraud schemes. Fraudsters started with something relatively simple and accessible - to wedge themselves into bank-client relations. But then new fields will emerge where the risks of cyber fraud must be taken into account. Firstly, they will move from "individuals" to legal entities - to interfere with relations between a person and a company. This could be failure to conclude contracts with the self-employed or attempts to attack the public procurement system. We can expect fraud with international payments and settlements - especially in the context of secondary sanctions and when our partners experience the effects of compliance checks. It is possible that a bilateral transaction will attract a third party. This is also a likely direction for cyber attacks," says Nikita Maslennikov.
"In the current situation, this sounds fantastic, but as soon as the mass retail investor begins to revive, scammers will immediately appear. Cyber scammers go for the mass. For a mass service. Now there is a decline in the number of retail investors and the volumes of funds they place, compared to what it was in 2019-2020, but it will be overcome, and where money appears, there is a scammer. And I do not rule out that this will be a new direction, a kind of global trend. For example, digital currencies. Here, not only Russia, the whole world will suffer. Judge for yourself: digital currencies are being developed and tested by more than 80 national banks. Digital assets will be used in cross-border settlements - this is simply an invitation for cyber scammers. Digital currencies need to be developed. They solve a lot of problems for business and international business communication, but we need to pay full attention to security risks. This is a game of Cossacks and robbers. Some have learned to stop a certain type of fraud - their opponents have changed their profile and started practicing another type of cybercrime. Alas, unfortunately, this is how it is for now. Until humanity becomes better," Nikita Maslennikov concluded.
One of the episodes of the round table was a story about a scientist-economist who, despite all his knowledge and experience, almost fell for the "divorce" of telephone scammers. Therefore, ComNews turned to the head of the OSINT group of the cyber threat counteraction center SOC CyberART Innostage Albert Antonov with a request to name methods of protection against telephone scammers that are within everyone's power.