The Bank of Russia has approved a new standard aimed at enhancing the security of transactions conducted through QR codes. This development is expected to assist financial institutions and companies across various sectors in establishing internal protection measures based on the outlined guidelines.
The document provides a systematic approach to identifying potential threats that may occur during different stages of transactions, depending on the type of QR codes used. It also details standard protection measures applicable to these transactions. Additionally, cash deposits and withdrawals via ATMs using QR codes are included under specific protection protocols.
This newly established standard is advisory in nature and is set to be implemented starting February 17, 2025.
“Preview photo: Shcherbakov Ilya / Shutterstock / Fotodom”
