Russia-Malaysia Anti Fraud Webinar
On Wednesday, 13 August 2025, Dr Amina Josetta Kayani, Executive Director of The Association of Banks In Malaysia (ABM) co-hosted the Russian -Malaysian Anti-Fraud Webinar with the Association of Banks of Russia (ABR).
The Webinar was initiated through a discussion between ABR and ABM to explore potential areas of collaboration between the 2 associations’ member banks. It was more than a technical exchange, it was part of a growing relationship between our two banking communities, following from recent visits to Russia by His Majesty the King of Malaysia and our Prime Minister, Dato’ Seri Anwar Ibrahim. These milestones reflect a shared commitment to partnership, including in the financial and cybersecurity space.
The Webinar was attended by fraud experts from both the Russian and Malaysian banks. Malaysia was represented by among others Tuan Syed Taufik Albar and Ms Kalyani Nair of Maybank, whilst Mr Mageswaran a/l Nagarajoo (Public Bank) and Mr. Lee Keng On (UOB Bank) presented on 2 topics during the session.
Objectives for the Webinar among others were to:-
▪️strengthen cross-border collaboration in fighting fraud, whereby we foster mutual understanding and knowledge exchange between Russian and Malaysian banks on current and emerging fraud threats in the financial sector;
▪️share practical strategies and case studies from both countries, by presenting real-world approaches and technical strategies used by banks in both countries to prevent, detect and respond to fraud, including cyberattacks and scams;
▪️raise awareness of emerging fraud threats in cross-border transactions, and explore mechanisms for timely data sharing, early detection and joint response;
▪️build capacity for stronger anti-fraud frameworks, by equipping participating institutions with up-to-date perspectives and lessons learned in designing secure systems, implementing anti-fraud frameworks, and improving end-user protection; and
▪️encourage technical dialogue between our practitioners, by providing a platform for security specialists and risk managers to engage in dialogue on anti-fraud innovation, challenges and industry best practices.
With fraud threats evolving in both sophistication and scale, co-operation across jurisdictions has never been more critical. Whether it is combating advanced persistent threats, detecting cross-border scams, or improving real-time data sharing, our collective expertise will be our best defence.
ABM extends its appreciation to ABR for the coordination in organising the Webinar and look forward to fostering continued dialogue on matters of mutual interest.