Politics · Russia · 5 hrs ago
Russian Duma passes law allowing banks to share customer data with IT firms
The Russian Duma passed a law allowing banks to send customer data for processing to IT companies.
The companies must be accredited and under Russian control.
The text does not say what types of customer data may be shared.
The change concerns how banks can have customer data processed.
It could affect how customers’ information is handled by IT companies, though the text gives no details about safeguards.
No further steps or implementation dates are stated.
Russia’s State Duma passed a law allowing banks to transfer customer data to IT companies for processing.
The law applies to accredited IT companies under Russian control.
The source does not specify what types of customer data may be transferred.
The source does not state when the law takes effect.
- Who
- Russia’s State Duma passed the law.
- What
- The law allows banks to transfer customer data to accredited IT companies for processing.
- When
- Not stated.
- Where
- Russia.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Law status
- Passed by the State Duma
- Data involved
- Bank customer data
- Recipients
- Accredited IT companies under Russian control
- Purpose
- Processing customer data