The Central Bank of the Republic of Azerbaijan has published digital fraud statistics for the banking sector, aiming to increase public awareness of cybersecurity risks. The release covers fraud incidents across all banks operating in the country for the first half of 2025. The dataset is compiled from banks’ regulatory submissions and includes breakdowns by main and sub-types of fraud, transaction type, loss amounts, and other analytical indicators. Using metrics aligned with international practice for monitoring fraud in digital payments, the report presents period comparisons for domestic and cross-border fraudulent transactions, including analysis of changes in transaction dynamics and structure. Going forward, the Central Bank plans to share the digital fraud statistics with the public on a quarterly basis. It also noted that a working group comprising representatives of the Ministry of Internal Affairs and banks was established on 16 May 2025 to coordinate anti-fraud measures and strengthen information security and cybersecurity in the digital financial ecosystem.
Central Bank of the Republic of Azerbaijan 2025-10-22
Central Bank of the Republic of Azerbaijan publishes bank-wide digital fraud statistics and plans quarterly releases
The Central Bank of the Republic of Azerbaijan released digital fraud statistics for the banking sector for the first half of 2025 to enhance public awareness of cybersecurity risks. The report, based on banks' regulatory submissions, details fraud incidents by type, transaction, and loss amounts, with international metrics for digital payment fraud monitoring. A working group with the Ministry of Internal Affairs and banks was established to coordinate anti-fraud efforts and improve cybersecurity.