Argentina Works to Lessen Toll of Cyberattacks with IDB Support
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Loading... - Nicolas Cools
- 28 Mar 2023
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The Inter-American Development Bank (IDB) has approved a $30 million loan to help Argentina implement the Cybersecurity Program for Critical Information Infrastructures (CII), an initiative aimed at reducing the cost of cyberattacks in the country through early detection.
By stepping up protection for Argentina’s public institutions and their technological infrastructure, the program will increase Argentina's cybersecurity, which will benefit citizens, the private sector, and the government. To achieve this, the program will strengthen the institutional and technological capabilities of the Argentinian Secretariat of Public Innovation, invest in training cybersecurity professionals, and bolster protections for the country’s Electronic Document Management ecosystem.
Cyberattacks have been on the rise as digital technology use has surged in the wake of the COVID-19 pandemic. According to the World Economic Forum, they are now one of the top economic threats faced by countries today. At the same time, digital transformation plays a key role in the post-pandemic recovery of economies around the globe, making it essential for countries in the region to shore up their cybersecurity measures. Read More..
