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July 2018 www.intellinews.com I Page 5
the mandatory use of certified software and its regular testing. Compliance with the requirements will be monitored by the federal service for technical and export control.
These moves are likely to increase the chances of preventing cyber attacks in the future, Dmitry Kuznetsov, an expert at Positive Technologies cy- ber security firm, was quoted by RIA Novosti.
"To protect against cyber attacks, you need to understand well who is attacked, by whom and
for what reason," he explained. "This will allow lenders and the central bank to concentrate on implementing measures that are really needed for improving the situation."
Meanwhile, Russian lenders have often played into the hands of cyber criminals by failing to take the most necessary steps to protect themselves against cyber attacks.
In 2017, only 13% of Russian banks executed a comprehensive approach to security, such as running an in-house or outsourced cyber security centre, thoroughly investigating cyber attacks and improving their personnel's cyber security aware-
Ukrainian cryptocurrency mining driven underground
Fabrice Deprez in Kyiv
Unlike real mining, creating bitcoins is not an un- derground activity, but the legislative fog surround- ing the business and the aggressive tax and secu- rity forces have driven it into the dark in Ukraine
in one of the few sectors where the war-wracked
ness, revealed a study by Positive Technologies.
Only about 55% of all lenders regularly implement measures aimed at stepping up cyber security, the study revealed.
At the same time, malicious activities by cyber criminals have been on the rise. In January-March 2018, the number of unique cyber incidents in- volving Russian financial institutions was 32% up from the same period of last year, according to Positive Technologies.
Of all the attacks, 64% were aimed at direct finan- cial gains while the remaining 36% targeted data and information that could be used for malignant activities in the future.
Meanwhile, since cyber crime, just like the digital space, runs across borders, coordinated efforts by different countries could be more effective than individual nations' activities.
To step up cooperation in the area of cyber security, CIS countries recently signed a protocol on joint activities in the area of cyber crime prevention.
country has the potential to be a world leader.
When officers from Ukraine’s security service barged in the flat of Anatoly Kaplan –the founder of Forklog, a news website focused on