Cyberthreats as a modern challenge to the security of the banking sector in Russia

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Analysis finds a 37% rise in cyber attacks on banks, suggesting urgent cybersecurity improvements are needed.

Cyber attacks on banks in Russia increased by 37% in 2023, with 68% targeting client data and payment systems.
The average damage from a successful cyberattack was about 15 million rubles, highlighting significant economic risks.
Comparative analysis and expert assessments revealed that small financial institutions remain particularly vulnerable.
Improved strategies against cyber threats are necessary for the stability of the financial sector and national security.

Anzhelika P. Buevich (2025) studied this question.

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