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Hungarian Banks: HUF 50,000 Stolen Every Minute in 2023 Scam Surge

The National Bank of Hungary (MNB) has pointed to a surge in financial scams in 2023, with an increasing share of the damages borne by the clients. Nowadays, fraudsters also steal data using QR codes and even take out loans in victims’ names. Although the MNB says the sharply rising trend has been broken, further action is necessary as Hungary’s international ranking has deteriorated.

Hungary s CyberShield Program Expands to Better Withstand Digital Crime

As digital fraud cases surge across Hungary, the nation’s CyberShield program, designed to curb online scams, has been given a significant boost. The national Supervisory Authority for Regulatory Affairs (SZTFH) has joined the initiative, fortifying the defenses against cybercrime and enhancing digital security awareness nationwide.

Visa Launches She s Next Grant Program in Hungary

Visa has decided to bring its global Visa She's Next program to Hungary to support women-led businesses. Hungarian female entrepreneurs are invited to apply for one of the five grants in the amount of HUF 2 mln.

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