Russians Withdrew 250 Billion Rubles from ATMs due to Fake News

The appearance of fake news led to the withdrawal of about 250 billion rubles from Sberbank ATMs. This was told by the deputy chairman of the bank Stanislav Kuznetsov, reports TASS.

Mass cash withdrawals occurred in December 2014. Then there was fake news that Visa cards would stop working at 00:00. This led to the fact that within a few hours, cardholders withdrew more than 250 billion rubles from ATMs. The bank’s customers began to panic.

Sberbank faced a powerful DDOS attack
Sberbank transferred all issues related to cash management and its transportation to the round-the-clock mode.

“Only because of this, it was not without difficulty that we were able to avoid mass panic in our country. Then a number of banks were forced to suspend their work,” he added.

On January 22, Stanislav Kuznetsov, deputy chairman of the board of Sberbank, talked to reporters in Davos about the negative impact of one of the fake news episodes when, over the course of several hours, the bank’s customers withdrew more than 250 billion rubles in ATMs.

“In December 2014, fake news appeared that Visa cards would stop working at 00:00. This news led to a massive seizure of cache from the Sberbank ATM network. We learned that a number of ATMs are empty without money. People started to panic. In the morning, more than 250 billion rubles were withdrawn from our devices, ”TASS quoted him as saying.

Kuznetsov added that the bank was forced to answer round-the-clock questions related to cash management and its transportation.

“Only because of this, it was not without difficulty that we were able to avoid mass panic in our country. Then a number of banks were forced to suspend their work, ”he stressed.

A day earlier, information security expert Alexander Vlasov told how to protect yourself from online fraud with bank cards. In his opinion, this can be done only by having a separate card for all unsafe operations.

Also, according to Vlasov, you need to think carefully before sending someone photos of the card or all data about it through unprotected messengers such as WhatsApp. At the same time, hoping that the sent photo after being deleted from the chat will be erased everywhere – this is the “top of naivety”.