Russia’s largest bank and its financial regulator last week called for tougher penalties to be put in place against cybercrime.
Governor of the Central Bank Elvira Nabiullina and Sberbank CEO German Gref highlighted how criminal responsibility in Russia for some cyber crimes is softer than in the United States, while for others it is completely lacking.
“Cybercrime is where accountability needs to be increased and collaboration with the relevant authorities is needed,” Nabiullina told the Finopolis financial forum in Sochi.
Finance heads call for stronger cybercrime punishmentsRead More
