It was digital – Latin America recorded 677 million computer attacks in 2017

At a time when all companies are experiencing digital transformation processes, security is crucial and the segment of the market in which this priority is highest is digital banking, said the president and director. General of CA Technologies for Latin America and the Caribbean, Claudia Vásquez

"This is a moment of strong pressure from the business sectors to combine the speed and disruption of financial technologies with the "Digital appetite and millennial consumer expectations .This involves very big challenges to protect against potential security loopholes," said Vásquez after leading the CA IT Leadership Council Conference (ITLC) in Colombia.

The Colombian executive insisted that this protection was "priority" all businesses are living processes to digitally transform "and" the bank is, without a doubt, the most active sector from the point of view of view of cybersecurity dad. "

According to figures recently released by the firm NovaRed, Latin America recorded 677 million computer attacks in 2017, an increase of 59% over the previous year and a annual average of 117 cyberattacks every 60 minutes 19659003] But these are the financial entities that "tend to be the favorite target of cybercriminals", noting in recent years incidents "in a ratio of 3 to 1 compared to other industries" , according to data from the Latin American Federation of Banks (Felaban).

This reality implies that digital banking or "fintech" addresses "the processes of identity management, access control and privileged users "and a" very thriving "issue that is security" from the very moment when the application development process begins, "said Vásquez

. </ p> <p> why he stressed that "incorporating" security of development and power is "very important". do an in-depth analysis of potential gaps ", so that applications not only go to the market quickly, but also be safe.

According to him, the worst case scenario if this problem is not resolved is to d & # 39; "breaking the rules", they become stricter and stronger from the point of view of ensuring the quality and security of information of all databases. "

" And there is a potential risk, we are talking about a reality and it is that the "hacking" is extremely active and strong, "added the board of CA Technologies, a company acquired this week by Broadcom for $ 18.900 million.

According to Vásquez, another "latent" problem is the fear of "many organizations opening up their information and services, being more digital," which brings them to "falling into a market that is not slowing down from the point of view of demand for digital services and instant high-quality demand that"

This demand has increased and, according to the Global Fintech Survey 2017 report , among the financial activities most channeled by technology are the means of payment, with 84%, the transfer of funds (68%), personal financing (60%), personal loans (56%), deposits / accounts savings (49%), insurance (38%) and asset management (38%).

Roque Juarez de Jesus, Account Manager, Cybersecurity and API Management at CA Technologies, told Efe that these trends "represent a new paradigm for organizations in the financial services industry about how to run their businesses."

For the expert, there are three basic aspects in this model: "infrastructure insurance" that protect transactions and contribute to a better user experience, the adoption of tools that ensure that there will be no problems in financial operations. In 1965, Juan Carlos Arcila, president of the Latin American Digital Banking Congress, coincided with the president of the Latin American Digital Banking Congress, who explained to Efe that it was also necessary to turn technology into a digital strategic stake of the company. understand "the new ecosystem and new market players to find the best way to optimize services."

Security was precisely one of the central themes of the CA IT Leadership Council (ITLC) conference held in Cartagena de Indias (Colombia) and that last week brought together 82 business technology leaders in Colombia, Ecuador, Peru, Venezuela, Argentina, Chile, Bolivia, Uruguay, Paraguay, Mexico, Central America and the Caribbean.