The world has been changing, technological progress has been accelerating general advancement and creating new markets. Living standards can grow for most people thanks to these positive developments. Total digitalization and other tech breakthroughs have been forcing companies to change traditional practices and approaches to doing business. Change has been affecting all sectors of economies, and the speed of adaptation has been turning into a swinging factor for the survival of businesses. Unfortunately, the criminal community has been adapting to technological advancements just as quickly. Modern cyber attacks have been increasingly targeted, automated and simple in execution, while hacker communities have been turning increasingly diversified and globalized. The losses for the world economy from cybercriminal activities topped USD 500 billion, and, according to some experts, might reach USD 2 trillion by 2019 without much vigorous response. To fight cybercrime, united efforts are required on the part of public institutions, financial and corporate sectors. Some moves have been already afoot in Russia. A number of far reaching decisions were adopted at a Sberbank-hosted meeting led by the Chairman of the Russian Government Dmitri Medvedev on 3 June 2016, tasks were given to prepare a project with the aim of creating a unified system of countering information security threats in the financial industry of Russia.