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Russia ready to be cut out from internet and SWIFT - Officials

05.03.18 06:18
Russia ready to be cut out from internet and SWIFT - Officials

If Western sanctions go as far as excluding Russia from the world wide web, the country's own internet is ready, said Russian presidential aide German Klimenko on Monday. At the same time Russian financial institutions and firms are ready to work without SWIFT's interbank cash transfer services, told Deputy Prime Minister Arkady Dvorkovich earlier in February. Reports were published by RT News.

"Technically, we are ready for anything now. However, the shutdown (internet) will not be painless. Failures always occur when moving from one technology to another. Someone will face connection troubles. Probably, it will be found out that someone kept data abroad, although there is a decree to store it in Russia. Someone is still hosting their domains outside the country. They will, therefore, probably experience some difficulties," Glimenko said.

Klimenko was referring to Russia’s data privacy law. All companies processing personal data of Russian citizens are obliged to store it on servers within the country’s borders. The professional network website LinkedIn has already been banned in Russia for refusing to comply. Twitter and other social networks have agreed to move data about Russians to the country.

The Russian segment of the internet, intended especially for civil servants, is already working, Klimenko noted. He also reminded people that Russia, like China and the United States, has its own search engines, social networks and advertising.

“The internet is being regulated in all countries and Russia is no exception. However, extreme options like North Korean or Cuba are not our choice,” he said.

Russian banks ready to switch off SWIFT

Russian financial institutions and firms are ready to work without SWIFT's interbank cash transfer services, according to Deputy Prime Minister Arkady Dvorkovich.

“Certainly, it is unpleasant, as it will prove a stumbling block for companies and banks, and will slow down work. It will be inevitable to deploy some aged technologies for information transfer and calculations. However, the companies are technically and psychologically ready for the shutdown as this threat was repeatedly voiced,” Dvorkovich said, as quoted by TASS.

He added that the measure may have a negative impact on corporations working in the US and Europe.

“In general, disconnecting Russia from SWIFT would be a crazy step on the part of our Western partners. It is obvious that for the companies which work in Europe and the US it would be harmful. And this applies not only to the shutdown of the service,” he said.

The potential disconnection of Russia from SWIFT has been under discussion since 2014, when the EU and the US introduced the first round of international penalties against Moscow over alleged involvement in the Ukraine crisis and the reunification with Crimea.

DONi News Agency

According to: RT News and RT News


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