Sber is cooperating with law enforcement and other credit institutions to immediately block the funds in the dropper accounts. This minimizes the risk of attackers converting stolen funds into cash, and the bank has managed to return more than one billion rubles to citizens since the beginning of the year, Sber Deputy Chairman of the Board of Directors Stanislav Kuznetsov said in his speech on the sidelines of Security Opportunities and Challenges. (SOC) cybersecurity week.
“Thanks to a well-developed mechanism of interaction with law enforcement and judicial authorities, as well as with other banks, since the beginning of the year we have been able to return more than a billion rubles to Russians from current accounts. I would like to point out that we prevented theft worth more than 270 billion rubles in January-October alone,” Kuznetsov said.
Attackers find scammers on the Internet and promise them easy money in exchange for withdrawals and selling personal data and bank card data. Some may enter into a droppership fraudulently without suspecting that they are complicit in the crime.
“Sber knows about 200 download services active in the shadow segment of the Internet. In addition, there are hundreds of small groups and even individuals who withdraw money stolen by fraudsters under the guise of cryptocurrency business,” Kuznetsov said.
According to him, the bank is successfully implementing measures to refund money to customers from current accounts.
“Sber first blocks the funds in case they decline, and then we proactively return the money to the client, that is, without waiting for the court decision, thus saving time and nerves. Then we will take on the legal troubles ourselves,” said the vice chairman of the bank’s board of directors.