The Ministry of Internal Affairs of the Russian Federation supported the proposal to block bank card transactions for a long period of time in case of suspicious transactions. RBC reports this, citing representatives of the Association of Russian Banks.
Previously, the association proposed blocking bank cards for up to 30 business days if there is a suspicion that money received fraudulently has been deposited into the account.
The Ministry of Internal Affairs believes that 30 days will be enough to understand the issue and initiate a case, said the vice-president of the association, Alexey Voylukov. He noted that many banks believe that it is not necessary to block the entire card, but only the suspicious amount.
The Central Bank of the Russian Federation previously doubted that this measure would be effective, since banks often block cards when attackers have already withdrawn money from them.
Currently, banks can block a card due to suspicious transactions for only two days.