On November 15, Chile's Central Bank (Banco Central de Chile) issued the Financial Stability Report corresponding to the second semester of 2018, which warned about the cybersecurity risks to private financial institutions and the importance of maintaining adequate security systems to prevent data breaches, critical disruptions, and information loss in Chile's financial system (source document in Spanish). No systemic cybersecurity attacks have occurred, although there were some reports of temporary interruptions to bank operations because of attacks on digital platforms.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
