Banks block 1.9 trillion rubles in Q2 fraud attempts
Russian banks thwarted 17.5 million attempts to steal customer funds worth nearly 1.9 trillion rubles in the second quarter of 2026. Total customer losses dropped 7.5 percent to under 7.4 billion rubles despite persistent cyber attacks targeting corporate entities.
Foiled attacks reach 1.9 trillion rubles
According to the Bank of Russia's latest security report, commercial banks blocked 17.5 million fraudulent transfer attempts in the second quarter of 2026, representing a 4 percent increase in both volume and value compared to the first quarter.
Despite these measures, actual fraudulent transactions totaled 458,700 cases with customer losses reaching nearly 7.4 billion rubles.
While overall losses edged down, cybercriminals increasingly targeted corporate accounts, with legal entities accounting for 11.3 percent of all stolen funds, up from 7.8 percent in the previous quarter.
Meanwhile, banks managed to reimburse 7 percent of stolen funds to victims, returning 514.6 million rubles.
Telecoms and domain takedowns
Beyond automated banking filters, the central bank actively targets the infrastructure used by cybercriminals to deceive bank clients.
During the three-month period from April to June, the Bank of Russia requested telecommunication providers to disconnect 7,800 phone numbers associated with fraudulent schemes.
Simultaneously, regulatory authorities initiated the shutdown of 4,600 fraudulent websites and malicious social media pages that impersonated legitimate financial institutions or lured victims.
High prevention, abysmal restitution
A seven percent reimbursement rate leaves fraud victims absurdly exposed.
Rising corporate attacks reveal structural gaps in business banking security.
Takedowns of malicious sites offer temporary relief without fixing core vulnerabilities.
Source: Countering fraudulent transfers: 2026 Q2 results
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