Index – Economy – Györgyé Matolcsy received terrifying news about people’s cash withdrawals
The paper is like this Sum it upHowever, abuse related to phishing and data theft is still common. Highlight:
The damage was 285 million Hungarian forints higher than the previous year, which fell almost exclusively on individuals.
They stress that withdrawing cash is a sensitive process and must be done with care and caution. A newly published announcement by Magyar Nemzeti Bank (MNB) revealed that in the second quarter of this year, the number and value of cash withdrawal-related violations doubled compared to the second quarter of last year.
This hardly hurts the banks
Much of the damage falls on cardholders. Looking at the numbers in more detail, the Central Bank’s wording seems particularly moderate: in the second quarter of this year, compared to the same period of the previous year, the increase in the amount of damages amounted to about 285 million, of which nearly 280 million. One million people were charged to the population.
Banks recorded smaller losses of more than a million, and the difference flew out of the pockets of traders.
The newspaper reported that until 2020, banks had to absorb the majority of the damage. After that, this percentage gradually decreased, and by this year it was declining regularly. In the first quarter, less than 52% of the misuse loss was attributed to individuals, but in the second quarter, nearly 58% was attributed. This was close to 537 million HUF.