"There are 13 information system operators

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tanjimajuha20
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"There are 13 information system operators

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Director of the Department of Operational Risks, Information Security and Business Continuity of PJSC Moscow Exchange MICEX-RTS Sergey Demidov at the first session of the commission on the development of digital financial technologies of the Association of Managers "Digital Financial Assets and Digital Security in the Financial Sector" on June 27 reported: despite the fact that digital financial assets were conceived as the safest type of assets, they are switzerland whatsapp resourcestill subject to risks.
in Russia that issue digital financial assets. The technologies they use differ. The moment of transferring one type of digital financial assets to another is the most difficult to track, since it is necessary to switch to an intermediate fiat currency," explains Sergey Demidov.

He said that in Central Asia there is a payment system that is SWIFT "on trust": organizations make money transfers between countries, but the path of this money is not always transparent - at some point, money is withdrawn from the bank's cash desk, and a person literally carries it to another bank in a bag.

Moscow Exchange is the only digital financial asset exchange operator in Russia. The exchange operator can form a pool of products from other operators issuing assets. As Sergey Demidov explains, from a security point of view, this allows the investor to have general access to various types of assets, so Moscow Exchange as an exchange operator could provide protection.

"We are negotiating with some major operators to join us, and we will grow in terms of security. With one touch, investors will be able to purchase several types of digital financial assets, exchange them. And if the process is secure, the number of investors and issuers will grow, which means the liquidity of digital financial assets will increase," says Sergey Demidov.

Head of the Information Security Department of OOO IA "Banki.ru" Timur Garayev added that if SWIFT exists for exchanging money in banks, then in the area of ​​digital financial instruments there is no such exchange field, while digital financial instruments are also subject to risks from the point of view of social engineering and ransomware attacks.

Sergey Demidov added that digital financial systems carry risks at the connectivity level: in order for information to be shared, its exchange must be organized at the telecommunications level, which means that ransomware attacks on the system are capable of "killing it all." Therefore, according to Sergey Demidov, a new protection system is needed that will not allow an attack on the entire distributed registry.

Skolkovo Foundation Information Security Director Alexey Germogenov noted that digital financial instruments took the main advantage of blockchain technology - the impossibility of changing the transaction history, but the last transaction remains the so-called unprotected edge.

"If all parties are interested in cryptocurrencies: the seller, the buyer and the miner as a third party, and all parties have a distributed registry, then in the DFA the operator or platform is the sole holder of the registry, and all responsibility for the technical support lies with it. This creates a "51 percent" risk. If a limited number of participants are involved in signing this tip, then, having a majority, they can reach a consensus and simply not skip some transaction or change the sequence," said Alexey Germogenov.

According to him, in terms of risk minimization, specialists have only just begun to identify incidents in order to measure their probability and the damage from them.

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