Losses from IT-related crimes in Russia exceed $1.03 bln in five months

Business & Economy June 18, 2025, 18:47

Deputy Head of the Investigative Department at the Russian Ministry of Internal Affairs Danil Filippov said also noted that more than 308,000 IT-related crimes were registered in that period, including over 189,000 involving remote theft and fraud

ST. PETERSBURG, June 18. /TASS/. Losses from IT-related crimes in Russia have exceeded 81 bln rubles ($1.03 bln) in the first five months of 2025, Deputy Head of the Investigative Department at the Russian Ministry of Internal Affairs Danil Filippov said at the St. Petersburg International Economic Forum (SPIEF).

"Although the number of crimes has been declining, losses amounted to 81 bln rubles over the five-month period," Filippov said.

He further noted that more than 308,000 IT-related crimes were registered in that period, including over 189,000 involving remote theft and fraud.

"We saw a slight downward trend during the first four months, but unfortunately, by the fifth month, this trend plateaued and we’ve now hit a sort of standstill. Any further developments will depend on us - on the laws we enact and the practical measures and actions we implement. That will determine where the curve goes from here," Filippov added.

He reported that around 16 bln rubles ($203.4 mln) in funds linked to cybercriminals had been frozen since the beginning of the year.

Filippov also emphasized that active steps are already being taken to combat cyber fraud. "A number of measures have been implemented, including technological protections within companies, personal data safeguards, and, most importantly, public engagement and preventive work. These fundamental components should yield positive results," he concluded.

About the forum

The St. Petersburg International Economic Forum (SPIEF) is taking place on June 18-21. This year, the event is held under the theme "Shared Values: The Foundation of Growth in a Multipolar World." Thematic zones such as the ‘Territory of Innovations’ and the national brand space ‘Buy Russian!’ will operate at the Forum.

The program includes the SME Forum, the Creative Industries Forum, the Day of the Future International Youth Economic Forum, the Drug Security Forum, and the Roscongress Urban Hub discussion platform. As part of the cultural program, the Petersburg Seasons festival will be held, and the SPIEF Sports Games will take place.

The Roscongress Foundation is the organizer of the St. Petersburg International Economic Forum. TASS is its information partner.

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