State of Cybersecurity in the Banking Sector in Latin America and the Caribbean

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State of Cybersecurity in the Banking Sector in Latin America and the Caribbean

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This study is a contribution of the General Secretariat of the Organization of American States (OAS), which aims to provide verified information on the State of Cybersecurity in the Banking Sector in Latin America and the Caribbean. This document is yet another effort by the OAS in its task of strengthening the capacities and level of awareness in relation to the growing threats to digital security in our region.

The information in this study was analyzed in two (2) fronts. The first concerns banking entities, examining data of 191 banking entities1 throughout the region. The other front focuses on the customers of the banking system, where the contributions of 722 users2 in the region were studied. To conduct this exploration, the OAS, with the support of experts from the banking sector, designed specific instruments for each target group. From the observations based on the instruments used, the main findings are presented below. 

 

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