Sberbank
Russia to Launch Nationwide Biometric Payment System by 2025
Russia’s biometric payment system deepens concerns over surveillance and data security.
As security tech is pulled out of Russia, citizens are left more vulnerable to state surveillance
Tech companies have suddenly pulled out.
Visa and Mastercard’s Russia boycott drives the country to further embrace Chinese payment systems
Russia and China are growing their tech alliances.
New Russian law will require all domestic traffic to be encrypted with government-controlled tools
The law would make it easier for Russian authorities to control and censor the internet and the domestic encryption tools may also have undiscovered security vulnerabilities.