Analyzing Impact of Computer Attacks on the Banking System of the Russian Federation

The article analyzes damage caused by attacking finance organizations in the Russian Federation through activization of hacker groups. The mentioned attacks were mainly directed at banking cards’ processing, cash machines and the SWIFT system, an international system of transmitting finance informat...

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Autor principal: A. A. Salcutan
Formato: article
Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2019
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Acceso en línea:https://doaj.org/article/701f775f0ebf4e7e8681453e4e2c4e90
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spelling oai:doaj.org-article:701f775f0ebf4e7e8681453e4e2c4e902021-11-15T05:20:49ZAnalyzing Impact of Computer Attacks on the Banking System of the Russian Federation2413-28292587-925110.21686/2413-2829-2019-6-202-210https://doaj.org/article/701f775f0ebf4e7e8681453e4e2c4e902019-12-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/801https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The article analyzes damage caused by attacking finance organizations in the Russian Federation through activization of hacker groups. The mentioned attacks were mainly directed at banking cards’ processing, cash machines and the SWIFT system, an international system of transmitting finance information and payments. The growth in hacker penetrations can be seen in all sectors of Russian economy, it is based on informational confrontation and aims at destabilization of considerable objects of critical information infrastructure. Today special attention is paid to attacks of hacker groups, which get financing from states and criminal groupings in order to exert influence on the leading banks of the world. The author investigated the key methods of attacks of finance organizations. The role of the Federal service on technical and export control and the Department of information security of the Bank of Russia was described. By assessing the impact of computer attacks the author came to the conclusion that the Russian banking sector is vulnerable to computer attacks on informational systems that could cause damage not only to small but also big credit organizations, which possess over 60% of the Russian banking sector assets.A. A. SalcutanPlekhanov Russian University of Economicsarticlefinance sectorcyber-attackbankfishingvirusescritical informational infrastructurehacker groupsEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 6, Pp 202-210 (2019)
institution DOAJ
collection DOAJ
language RU
topic finance sector
cyber-attack
bank
fishing
viruses
critical informational infrastructure
hacker groups
Economics as a science
HB71-74
spellingShingle finance sector
cyber-attack
bank
fishing
viruses
critical informational infrastructure
hacker groups
Economics as a science
HB71-74
A. A. Salcutan
Analyzing Impact of Computer Attacks on the Banking System of the Russian Federation
description The article analyzes damage caused by attacking finance organizations in the Russian Federation through activization of hacker groups. The mentioned attacks were mainly directed at banking cards’ processing, cash machines and the SWIFT system, an international system of transmitting finance information and payments. The growth in hacker penetrations can be seen in all sectors of Russian economy, it is based on informational confrontation and aims at destabilization of considerable objects of critical information infrastructure. Today special attention is paid to attacks of hacker groups, which get financing from states and criminal groupings in order to exert influence on the leading banks of the world. The author investigated the key methods of attacks of finance organizations. The role of the Federal service on technical and export control and the Department of information security of the Bank of Russia was described. By assessing the impact of computer attacks the author came to the conclusion that the Russian banking sector is vulnerable to computer attacks on informational systems that could cause damage not only to small but also big credit organizations, which possess over 60% of the Russian banking sector assets.
format article
author A. A. Salcutan
author_facet A. A. Salcutan
author_sort A. A. Salcutan
title Analyzing Impact of Computer Attacks on the Banking System of the Russian Federation
title_short Analyzing Impact of Computer Attacks on the Banking System of the Russian Federation
title_full Analyzing Impact of Computer Attacks on the Banking System of the Russian Federation
title_fullStr Analyzing Impact of Computer Attacks on the Banking System of the Russian Federation
title_full_unstemmed Analyzing Impact of Computer Attacks on the Banking System of the Russian Federation
title_sort analyzing impact of computer attacks on the banking system of the russian federation
publisher Plekhanov Russian University of Economics
publishDate 2019
url https://doaj.org/article/701f775f0ebf4e7e8681453e4e2c4e90
work_keys_str_mv AT aasalcutan analyzingimpactofcomputerattacksonthebankingsystemoftherussianfederation
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