ArmInfo. The Bank of Russia and the Central Bank of the Republic of Armenia started exchanging information on computer attacks and counteraction to them since September 17.
"The Bank of Russia and the Central Bank of the Republic of Armenia signed an agreement on cooperation in the field of information security," the press service of the Russian regulator reported. The document was signed by the Chairman of the Bank of Russia Elvira Nabiullina and the Chairman of the Central Bank of the Republic of Armenia Artur Javadyan.
"The purpose of this Agreement is to organize the interaction of the Parties on countering computer attacks aimed at preventing and detecting computer attacks, creating conditions for their suppression, and increasing the level of information security of the Parties," the text of the document says.
On the Russian side, on behalf of the Bank of Russia, the Center for Monitoring and Responding to Computer Attacks in the Credit and Financial Sphere (FINCERT) will interact with the Central Bank of the Republic of Armenia.
The terms of the agreement stipulate that the parties will notify each other of the discovery or receipt of information about computer incidents. If technically feasible, they will conduct a comprehensive analysis of this information, and transfer its results to another participant in the agreement. If such an opportunity is not available, the parties are entitled to transmit information about the incident to the partner under the agreement for conducting a comprehensive analysis of the computer incident. The Republic of Armenia became the second country of the Eurasian Economic Union (…Ђќ‘), with the financial regulator of which the Bank of Russia signed an agreement on cooperation in the field of information security. On July 7, 2018, such an agreement was signed with the National Bank of the Republic of Kazakhstan, in the future it is planned to conclude similar agreements with the national banks of the Republic of Belarus and the Republic of Kyrgyzstan.
The expansion of international cooperation on information security issues with the EEA countries is aimed at creating a single cyberspace and a trusted financial environment in the Union's space. In addition to organizing the exchange of information on cyberthreats, the Bank of Russia, in the person of FinCERT, provides consulting and methodological assistance to the national (central) banks of the EEA countries in setting up their own response teams for computer incidents.