It has been suggested that senior managers of banks be dismissed from their positions if they repeatedly leak data. The newspaper reports this “News” Referring to a draft law developed with the participation of the Central Bank of the Russian Federation.
According to the publication, we are talking about suspension from work for 10 years. According to the authors of the document, such a measure will help prevent the leakage of confidential information.
The material emphasizes that millions of cases of data leaks have been recorded in the country’s largest financial institutions in 2023. At the same time, the draft law on the introduction of special requirements for the qualifications and commercial reputation of vice presidents of banks is currently going through the inter-ministerial approval process.
If the document comes into force, the level of liability of top managers of financial institutions in the Russian Federation for violation of requirements for the protection of certain information will be increased. Sanctions will begin to be applied not only to bank employees, but also to insurance companies and pension fund employees.
The bill specifically envisages the dismissal of vice presidents responsible for information security of credit institutions for a period of 10 years. We are talking about situations where the top manager was already in the relevant position at the time the data leak occurred.
However, the National Financial Market Council (NCFM) criticized this initiative, noting the risk of a shortage of specialized experts. Moreover, according to the head of the organization, Andrei Emelin, the current version of the bill proposes to “disqualify” senior executives even if they are not involved in leaking information.
“In criminal and administrative legislation, even for persons found guilty of official crimes, the penalty periods in the form of a ban on holding certain positions are significantly less than 10 years,” the NSFR added.
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