The proposed legislation introduces amendments to several laws, including provisions that would require banks and payment service providers to compensate customers for financial losses caused by failures to comply with cybersecurity or fraud prevention requirements.
Banks could be held financially liable
Under the bill, amendments to the Law "On Payments and Payment Systems" would make banks, payment system operators, and payment organizations responsible for compensating customers if material damage results from their failure to meet legal requirements related to cybersecurity or the prevention of suspicious, or fraudulent, transactions.
Lawmakers said the measure is intended to strengthen accountability among participants in the financial services market for maintaining information security.
Liability proposed for sharing accounts and SIM cards
The bill also introduces new provisions to the Code of Administrative Responsibility.
Individuals who intentionally provide their personal accounts used to access remote government services or the identification modules of subscriber devices, including SIM cards, to third parties for malicious purposes could face administrative liability. The same would apply to the unlawful use of another person's account or mobile phone number.
New powers for investigators
Amendments to the Criminal Procedure Code are designed to improve the legal framework governing digital evidence.
The proposed changes would authorize officials conducting pre-investigation inquiries to seize electronic data, documents, and other evidence in accordance with established procedures if they know the location of materials relevant to criminal cases involving the use of information technologies.
Temporary suspension of financial transactions
The bill also introduces a new procedural coercive measure allowing the temporary suspension of transactions involving bank accounts, electronic wallets, and crypto-assets.
According to lawmakers, the measure is intended to prevent illegally obtained funds from being transferred to third parties while criminal investigations are underway.
The Legislative Chamber said the adoption of the bill would help prevent cybercrime, strengthen the protection of citizens' personal data and property, improve the resilience of the country's payment infrastructure, and reinforce legal safeguards in the digital space.
