Monobank Data Leak Scandal Under NBU Review: Final Decision Could Take Six Months.

Ukraine’s Central Bank Investigates Monobank Over Data Breach

According to Novyny.live: Andriy Pyshnyi, Governor of the National Bank of Ukraine (NBU), has briefed the Verkhovna Rada on the ongoing investigation into a controversial incident involving Monobank. The case sparked public outrage after the disclosure of a female client’s personal data. As of late March 2026, no definitive conclusion has been reached regarding a potential violation. Authorities are currently reviewing case materials, and a final ruling may take up to six months.

The Committee on Banking Supervision will decide whether to initiate administrative proceedings after examining a summary report produced by the analysis.

Andriy Pyshnyi stated: 'The analysis will result in a formal report.'

Background of the Incident

Separately, a state forensic examination has determined that a flag visible in a video under scrutiny matches the visual characteristics of Russia’s national flag. This finding may raise further questions about the context of the Monobank incident, which involves co-founder Oleh Horokhovskyi.

The case has drawn widespread attention not only for the personal data exposure but also for the potential reputational damage to Monobank and the erosion of customer trust in Ukrainian financial institutions. The investigation’s outcome could reshape regulatory practices and data protection rules within the banking sector—a critical issue in today’s environment. The public expects transparency and accountability from financial entities, especially when it comes to safeguarding personal information.