Latin America concludes that cybersecurity is key for the region
Leaders met for two days with the aim of discussing and analyzing the latest trends that are transforming the future of the financial community
During SWIFT’s Latin American Regional Conference (LARC), more than 450 financial services professionals in Latin America and the Caribbean concluded that the current transformation of the financial industry and the new ecosystem that arises with technological disruption allows generate positive changes, as long as regulators, start-ups, fintechs and financial entities work together.
Georgette Jean-Louis, general manager and member of the Committee of the Central Bank of Haiti, emphasized that: “As a central bank, growth is one of our main objectives, and financial inclusion is an important pillar of this. Fintechs offer easy solutions access, connecting millions of people in remote areas with the financial system through their mobile phones, but there are challenges, so technology and infrastructure in the region must catch up with the demands of customers”.
On the other hand, during the conference it was emphasized that security continues to be a key element to be considered in the strategic plans of any entity or financial institution, regardless of its size. Kevin Johnson, CEO of Secure Ideas, said: “There are two reasons for security problems, the first is that we are overwhelmed, nobody has enough resources to cover this exhaustively. The second reason is that most do not understand the ‘why’ behind the attacks, which is why education is the best way to prevent it”.
Regional leaders met for two days with the aim of discussing and analyzing the latest trends that are transforming the future of the financial community in Latin America, in terms of innovation and technology, sharing experiences and good practices that allow us to draw new lines of action. It is worth noting that the conference brought together more than 450 delegates from 30 countries, with the participation of more than 40 speakers representing the banking industry, securities companies, market infrastructure, fintechs, fulfillment and treasury, among others.
N. Moncada
Source: Swift press release
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