The Russian Prosecutor General’s Office has developed a quick system for blocking phishing sites and other resources that can illegally use users’ financial data. This was told by the Prosecutor General of the Russian Federation Igor Krasnov.
“To prevent attempts to illegally use Internet resources with financial information, such as phishing sites, the Russian Prosecutor General’s Office has developed a system for blocking them, which also involves the Bank of Russia and Roskomnadzor. The entire blocking process takes from 3 to 24 hours”, Krasnov said at the SCO meeting in Astana.
He has not yet reported the technical details of the system, so it is difficult to say how efficiently this system works. However, Krasnov himself says that the efficiency has increased manifold. It is also noted that special software is involved in the work, and all interactions are in electronic form.
In addition, according to Krasnov, special software has been created, which is used in the investigation of financial crimes and monitoring the financial sector. It works using elements of artificial intelligence.
“To solve these problems, interagency cooperation has been built between financial intelligence agencies, investigative and operational units, which use programs based on artificial intelligence algorithms to analyze big data arrays (Big Data) about banking transactions, including suspicious transactions. Prosecutors coordinate their activities at all stages“, – said the Attorney General.