Cyber-attacks have cost Russian firms and citizens up to $49 bn in 2020 as the number of crimes linked to bank cards has shot up by 500%, the country’s largest lender Sberbank said. The private sector remained the most vulnerable as everything from the accounts to financial data and documents was targeted. Over 2.3 mn darknet accounts operating in Russian offer the stolen data. Russians may lose as much as 10 bn roubles from phone fraud this year alone.

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