OTP BANK became partner of payment security campaign #CybersecurityFinance, conducted by National Bank and State Special Communication Service

On May 30, 2024, the National Bank of Ukraine together with the State Service for Special Communications and Information Protection of Ukraine launches the All-Ukrainian information campaign on payment security #CybersecurityFinance.

Its goal is to raise public awareness of payment security and develop skills to protect financial data in the virtual space.
Today's full-scale war continues not only on the battlefield, but also in cyberspace, with an increase in cyberfraud and cybercrime.
At the end of last year, the NBU, with the support of the USAID Business Resilience Investment Project, conducted the first nationally representative survey of the Ukrainian population on payment security and fraud prevention rules. The survey was aimed at determining the level of knowledge of Ukrainians in the field of payment security and identifying gaps in this area. The NBU uses the results of the survey to develop educational products for different age groups and to improve the effectiveness of information campaigns to combat payment and cyber fraud (they are not published to avoid the possibility of fraudsters using them).

Social engineering has traditionally remained the most popular method of payment card fraud in Ukraine, as well as globally. At the same time, a significant amount of cyber fraud last year was related to phishing. By using phishing resources (stylized as government portals and information resources of Ukrainian banks and payment services) and deceiving citizens, the attackers tried to gain access to their personal data, information about their payment instruments, financial phone numbers, and account balances.

Therefore, improving citizens' knowledge and skills in this area will enable them to use cashless