Bank Severnaya Kazna’s Chairman Vladimir Frolov said in the course of a Channel 4 program aired on October 18, 2008 that the databases of some local banks could have been stolen.

‘This or that bank’s bankruptcy rumors never hit the provincial towns in the periphery of Yekaterinburg. No gossip ever popped up there. What I think had happened was that someone had stolen quite a few banks’ databases and used the information to ‘warn’ the banks’ private customers and business client against the danger of the bank allegedly going bust. I feel this is a grave circumstance that the Federal Security Service needs to look into,’ Frolov noted.

As a matter of fact, the bank executive referred to such banks as Dalcombank, Khanty-Mansiyskiy Bank, Zapsibcombank, and Bank Severnaya Kazna.