ARTICLE
8 January 2019

Chile's Financial Stability Central Bank Warns Of Cybersecurity Risks

JD
Jones Day
Contributor
Jones Day is a global law firm with more than 2,500 lawyers across five continents. The Firm is distinguished by a singular tradition of client service; the mutual commitment to, and the seamless collaboration of, a true partnership; formidable legal talent across multiple disciplines and jurisdictions; and shared professional values that focus on client needs.
On November 15, Chile's Central Bank (Banco Central de Chile) issued the Financial Stability Report corresponding to the second semester of 2018,
Chile Technology
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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.

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ARTICLE
8 January 2019

Chile's Financial Stability Central Bank Warns Of Cybersecurity Risks

Chile Technology
Contributor
Jones Day is a global law firm with more than 2,500 lawyers across five continents. The Firm is distinguished by a singular tradition of client service; the mutual commitment to, and the seamless collaboration of, a true partnership; formidable legal talent across multiple disciplines and jurisdictions; and shared professional values that focus on client needs.
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