Global cybercrime detection rates are low, fraudsters use sophisticated schemes, they point the IP addresses to other countries…
And that is why it is important to think about personal data protection beforehand, making more efficient the work of different organizations related to ensuring information security.

In 2022 alone, the Investigation Department of the Investigative Committee of the Republic of Armenia on Cyber Crimes and Crimes Committed in the Sphere of High Technologies examined 641 criminal proceedings; the increase in 2021 is about 45 percent, about three times more, compared to 2020. According to the information published by one of the media, the majority of criminal proceedings in previous years were related to financial crimes.

Converse Mobile has become safer 

The security of service delivery on Converse Bank's digital platforms, including Converse Mobile, is constantly at the center of attention. The security of the transactions on the mobile app is guaranteed by the highest international standards.

In order to stay one step ahead of fraudsters and protect customers' finances more effectively, Converse Bank recently made another update to the Application, introducing a new system. Thanks to this, customer identification will also be possible with the help of the device with which, the application has already been logged in once.

The security of your finances has increased

Imagine situation. You always log into the Converse Mobile app with an Android smartphone. A certain someone, having your financial data, logs into your application from another smartphone and gets access to your funds. Some time passes, and you see the loss of finances, contact the Bank, and they start the work on the refund.
As a result of the update, this risk is significantly reduced. the concept of the trustworthy, reliable, safe gadget is introduced. It is the device with which you have already logged into Converse Mobile.

In case of an attempt to log in from another device, the security system immediately records and sends a signal about it, and before your authentication, it blocks the possibility to access the application. Therefore it becomes impossible for fraudsters to access your finances.

The same mechanism will also apply to attempts to access with devices that do not guarantee a high level of security.

How will the identification take place?
It is not necessary to visit the Bank for identification purposes. You can call the Bank …, or wait for the call of our employees.

And finally, we remind you again,
Do not share with others! 
- Access information about your application,
- One-time security passwords (one-time password - OTP),
- Your card CVV code,
- The PIN code for the Converse Mobile application, 
- As well as any transaction details.

Remember, a bank employee never asks for the above-mentioned information when communicating with a customer by telecommunication, so any case should be considered as an attempt at fraud and got in touch with the Bank.

The Bank is supervised by the Central Bank.