Ricardo Pulgarín, Security Solutions Architecture Manager, Cirion Technologies, on Ecudorian financial companies innovating by leveraging existing infrastructure – without needing to lose past investments.
BCI’s 2023 cyber resilience report says 74% of respondents detected an increase in the number of cyberattacks.
In today’s business environment, where technology plays a crucial role in the optimization and automation of financial services and processes, cybersecurity has become a fundamental priority.
Businesses require robust infrastructure and adequate resources to protect themselves from a wide range of cyber risks that threaten their integrity and operation.
In this context, cyber resilience emerges as a vital concept. Cyber resilience refers to an organization’s ability to not only prevent and mitigate cyberattacks, but also to prepare for, respond effectively and recover quickly from any digital incident.
Developing strong cyber resilience allows companies to maintain operational continuity, safeguard the integrity of their services and protect their reputation in the marketplace.
Consequently, exploring strategies and best practices for companies to implement to strengthen their cyber resilience and secure their position in an increasingly digitized world and vulnerable to cyber threats is a priority for cybersecurity directors.
However, not all of them have the same level of exposure, as this varies depending on the type of business they conduct. For example, when working with financial data and conducting transactions online, companies become more susceptible to facing greater risk, and in the event of an incident, the trust of their users could be affected.
Therefore, it is important for companies to be prepared against any data breach by implementing robust security measures such as data encryption, firewalls, and proper access controls. This is achieved through planning and suitable technology in the different areas of the business.
In this scenario, technology is positioned as the main driver of progress and efficiency in the business environment.
Companies in Ecuador face challenges that often depend on leaders who want to implement significant changes in their areas, from optimization to improving the customer experience.
For this reason, it is essential that before any technological implementation, companies have personalized advice to understand their final objectives in critical areas, customer service, permanent connection and optimization of communications. This will allow them to innovate by leveraging existing infrastructure without needing to lose past investments.
Undoubtedly, technology is revolutionizing the landscape of financial companies in Ecuador, providing opportunities to enhance the customer experience and it is essential that companies seek advice from a strategic ally to stay ahead of the curve and rely on technological tools and managed security services.