In his speech at the Sirius 2023 international financial security forum, PSB Chairman Pyotr Fradkov said that in the next few years, the banking sector will transition to the digital environment and banks will strengthen their cooperation in the fight against cybercrime.
“In PSB, the share of fully automated operations of small and medium-sized enterprises in digital channels is around 60 percent. In the retail segment, 65% of customers already actively use digital banking services. “I am confident that within five years this figure will be 100% in all segments of the banking industry and the banking industry will become completely digital, mobile, technologically advanced and all this will lead to even greater user convenience,” he said.
He added that the digitalization of banks, especially the strengthening of the role of biometric technologies in the banking sector, the development of online banking, big data and digital currencies, and the growth of the digital payment market, require continuous development of banking. Financial security mechanisms.
“Digitalization of the industry, the financial sector’s high dependence on information technology and large volumes of confidential data create “favorable conditions” for cybercrime in financial markets. We are all now faced with problems that did not exist before. This is a new reality,” Fradkov said.
According to him, PSB not only uses all modern security systems and tests them, simulating hacker attacks with the participation of experts to develop these tools, but also conducts constant work with bank employees and customers to improve financial literacy and explain cybersecurity issues. uses all possible communication channels.
Source: Gazeta
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