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The Central Bank can count hidden Mining as a cyberrisks

Neironix
April 13, 2018 12:00 AM
32 460 Views
The Central Bank can count hidden Mining as a cyberrisks

"This may have an impact on sustainability and can be included in the reporting of finSERT as a risk factor", - Sychev has told during the interviews to journalists.
This branch coordinates information exchange between their own sources, law enforcement agencies, lending and non-lending financial institutions and also developing recommendations in the areas of information security at implementation of money transfers.
According to Sychev, the Central Bank will start working on the risks related to the hidden Mining as soon as in Russian legislation the legal status of cryptocurrencies and mining will be defined.
Earlier the Bank of Russia valued loss to cryptocurrencies’ users against malicious acts in the current year at $1,36 billion.