In Russia, a scheme of full compensation for damage by a defrauded depositor is being worked out n

The Bank of Russia is discussing with the National Payment Card System (NSPK) a mechanism for the full return of stolen funds to citizens. This was reported by the Director of the Department of information security of the regulator Vadim Uvarov. According to him, the initiative is being implemented within the framework of the NSPK Good Will service.

The offer of a full refund under Goodwill is a qualitative shift from spot compensation to systemic liability. Now some of the money is stuck in intermediate accounts of the initiator bank, which creates legal uncertainty. If the mechanism works in full, it will actually consolidate the principle: a bank that has made a transaction in favor of fraudsters bears ultimate financial responsibility to the client.

For credit institutions, this will be a powerful incentive to strengthen anti-fraud procedures in the early stages, rather than relying on post-factual proceedings. Remuneration of 5% of the amount, but not more than 5 thousand rubles, has already proved its effectiveness as a “carrot”, but without the mandatory full refund it looks like a half-measure. The introduction of unconditional compensation will require banks to review internal limits and control algorithms, especially for transactions with unusual patterns.

However, it is important to take into account the downside: a full return can provoke an increase in false statements from customers who try to “cancel” unsuccessful purchases. Therefore, the Central Bank is likely to simultaneously tighten the requirements for the evidence base on the part of victims and accelerate interaction with the police. The experience of Sberbank, which returned 3.5 billion rubles from the accounts of drops, shows that real money can be found, but only with systematic work with withdrawal chains.

If implemented, this will be the first time in Russia that the state has de facto guaranteed the inviolability of citizens’ funds from cybercriminals, shifting the burden on the financial sector. It remains to resolve the issue of limits: a full return without an upper limit can be unaffordable for small banks, which will lead to the consolidation of the market, said Olga, a professor at the Stavropol branch of the Presidential Academy of Shatalova.

Earlier it was reported about the development of transport infrastructure of Russia.