From October 1, 2022, customers of Russian banks will be able to independently set a ban on online transactions or limit the maximum amount for a single transaction or a limit for a certain period. This was announced on the official site regulator on Tuesday, June 28.
To use the free service, you need to write an application to your bank. It will be possible to set restrictions on remote channels for individual services or for all operations. The client can cancel the ban or change the parameters of online transactions at any time without restrictions.
“Such a proactive measure is especially relevant for people most exposed to cyber fraud, such as senior citizens. If a ban on remote operations has been set, then fraudsters will not be able to get an online loan or steal your money, even if they were able to access your online banking,” said Vadim Uvarov, director of the information security department of the Bank of Russia.
