Responsibility for losing personal data can be penal

The head of The Bank of Russia, Elvira Nabiullina, in her announcement to the participators in the Ural forum on information security of the financial sector, has claimed that Russian banks were irresponsible in informing clients about the risks of cyber fraud she claimed: «It was an explosion based on personal data last year, it implies a fact that a lot of citizens weren’t aware of proper information and financial organizations didn’t understand their responsibility for informing clients». According to Filip Nemov, deputy head of the Criminal Investigation Directorate of the Main Directorate of the Ministry of Internal Affairs in Moscow, who spoke at the forum, internal affairs agencies, recorded about 300 thousand crimes related to social engineering in 2019. The head of the Central Bank also noted the importance of ensuring the safe storage of personal data of Russians. According to her, if personal data were reliably protected both at the level of banks and at the level of other market participants with access to this information, the problem of social engineering would not have reached such a scale.

The FAS initiative provides for the withdrawal from industry participants of the antimonopoly immunity actually applicable to them
However, the Ministry of Communications and Mass Media opposed the FAS initiative to extend competition regulation to developers.
Demand for portable devices grew by 90% in 2019
According to “Eldorado” and “M.Video”, Russians spent nearly 240 billion roubles on wireless gadgets in 2019. Of which, 32 billion rubles formed a carrying device – smart watch, fitness bracelet, etc.
MasterCard is changing the CEO
The payment system MasterCard has reported that from the 1st of January their SEO will become Michael Miebach, currently chief product officer. The current SEO of MasterCard, Ajay Banga, who has been working as a SEO for 10 years is to become a Chairman of the Board of Directors.