FIU will collaborate with Sberbank and Bank of Russia in the sphere of cyberthreats

© Fotolia / timkaeklerПрограммный code on the computer screen. Archival photoFIU will collaborate with Sberbank and Bank of Russia in the sphere of cyberthreats© Fotolia / timkaekler

Pension Fund of Russia (PFR) has signed with Sberbank and the Bank of Russia of the agreement on cooperation in the field of cybersecurity, reports a press-service PFR.

The signing ceremony was held in the framework of the XXVI International Congress of the financial «Finance for development» in St. Petersburg.
The agreement with Sberbank envisages long-term cooperation of the parties on a gratuitous basis of mutual benefit in the area of cybersecurity aimed at uniting efforts in countering cyber threats. The PFR and Sberbank will exchange statistics, experience, methodological recommendations and other information in this area, which may be of mutual interest. First of all, we are talking about information about new types of malware; how to counteract network attacks and measures to eliminate their consequences; on the identified significant incidents that are caused by network attacks on information resources.

In addition, PFR and Sberbank will carry out joint activities to exchange experience in the field of response to network attacks and crimes in the field of IT and also to improve the skills of employees in the field of information security. It is planned that the joint findings will be used to improve legislation in the field of combating cybercrime.
In turn, the agreement with the Bank of Russia is aimed at improving the mechanisms of ensuring information security of the Russian financial system. In accordance with the document, the FIU and the Bank of Russia in the person of the authorized division of the Center for monitoring and responding to computer attacks in the financial sphere (Finart) will begin to exchange information and experience in the field of cybersecurity. Information exchange is intended to increase the level of protection of participants of the Russian financial market and their clients against threats from cyber criminals, and to ensure uninterrupted operation of the national payment system, and sites of financial institutions, the report says.

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