In an article for Hipervínculos, Paulina Silva and Carlo Benussi provide an explanation and brief analysis of recent updates to cybersecurity measures in Chile’s financial sector. They write that, following cybersecurity incidents, the country’s Superintendence of Banks and Financial Institutions updated regulation Aug. 31 to facilitate better access to quality information about incidents and raise the security standards of the financial system. Changes include modifications to Chapters 20–8 and 1–13 of the RAN, introducing stronger reporting obligations to clients, users and the SBIF.
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