Currently, the issue of cybersecurity takes on special importance for companies that operate in the Fintech ecosystem that, precisely, operate at the intersection between finance, technology and regulation, together with the exponential growth in the use of technological means and digital for the execution of financial transactions.
Cybersecurity or computer security of an entity or virtual space seeks to maintain the integrity, availability, privacy, control and authenticity of the information contained, guarded and managed on electronic equipment and even in the cloud. Cyberattacks are becoming more common every day, generating major impacts on companies with consequences on the private sphere of clients and their personal, financial and transactional data, which is why cybersecurity is one of the strategies used to prevent such frauds.
Companies in the Fintech sector are not exempt from these attacks, so it is important to know the obligations and duties that, in terms of data protection, exist in our country without leaving aside the regulations, which in relation to specific services such as credit and debit card services establish on this matter, or even on matters related to the consumer. The above is valid both for Fintech companies that serve consumers directly (B2C) and for those that are dedicated to providing services to other companies, including regulated financial entities (B2B).
Currently, Costa Rica does not have… Read more
