Central Bank of Russia review shows banks prevented ₽3.5 trillion in fraud losses in 2025 Q3 and requires in-app fraud reporting at large banks

The Central Bank of Russia published its Review of Reporting on Information Security Incidents Related to Funds Transfers covering July–September 2025, reporting that banks prevented 28.5 million fraudulent transactions and averted theft of ₽3.5 trillion. Over the same period, 460,100 fraudulent transactions were carried out, with stolen funds totalling ₽8.2 billion. Successful fraudulent transactions were 51% higher than the average of the previous four quarters, while the total amount stolen changed little. The Bank of Russia linked increased reporting of thefts to banks, including for small amounts, to large credit institutions upgrading mobile apps to add a feature enabling victims to promptly report fraudulent transactions, and it initiated the blocking of 17,300 phone numbers and 7,800 internet resources (including social media accounts) used by malefactors. From October 2025, all large banks are obliged to provide the in-app fraud reporting function.