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BBVA indicators settlement with Telefónica Tech to strengthen cybersecurity worldwide


Telefonica and BBVA press launch

This is a machine translation of the unique launch revealed in Spanish.

Madrid, 22 July 2024. BBVA has chosen Telefónica Tech to strengthen the cybersecurity of its operations on a worldwide scale, incorporating cutting-edge applied sciences of synthetic intelligence and course of automation to forestall cyber threats. In addition, the partnership will see the creation of a brand new centre of experience in Mexico, which is able to act as a mirror of the BBVA Global Cybersecurity Centre already current in Spain. The mixture will permit the corporate to supply complete and uninterrupted protection throughout the Group.

The improvement of this new challenge makes Telefónica Tech one in all BBVA’s principal strategic companions in cybersecurity, permitting the financial institution to include the know-how firm’s newest advances, backed by the benefit of world expertise and intelligence, to detect, establish and reply to potential threats and monitor the exercise of cyber attackers. Telefónica Tech provides round 50 companies geared toward offering a holistic safety response to every of the financial institution’s operational and enterprise components, together with options to foretell threats prematurely, defining operational ways and techniques to strengthen BBVA’s resilience, in addition to defending its Data Processing Centers (DPCs).

One of the principle novelties of this settlement is the creation of a brand new Center of Expertise within the Americas, Mexico, which shall be absolutely operational in July of this 12 months and shall be added to the BBVA Cyber ​​Security Center in Europe (Spain). The two hubs shall be staffed by round 200 Telefónica Tech cyber safety specialists, who will work along with the BBVA group to supply world and complementary companies, forming one of many largest cyber safety facilities within the monetary trade.

“These two hubs devoted to cybersecurity are distinctive within the monetary trade and mark one other step in defending our infrastructure with the newest technological developments. Our purpose is to be a safer financial institution, in a position to reply to any kind of assault and provide our prospects the very best service with the very best safety ensures available on the market,” stated Sergio Fidalgo, Global CISO at BBVA.

María Jesús Almazor, COO of Telefónica Tech for Spain and the USA, factors out that it’s essential for organizations to repeatedly evolve their cybersecurity measures to have the ability to anticipate threats and finest reply in case of an assault: “We are happy to affix BBVA on this world safety course of with our technological capabilities and the abilities of our specialists. Our specialists are supported by a worldwide community of greater than 1,500 cybersecurity operations specialists, with greater than a dozen Security Operations Centers (SOCs) in Europe and the USA, who monitor and supervise the group’s safety 24/7”, she asserts.

As BBVA evolves its cybersecurity operations, it continues on its path to digital transformation, partnering with Telefónica Tech to deploy cutting-edge applied sciences in synthetic intelligence and course of automation to raised shield digital prospects throughout the financial institution’s 25+ nations.

About Telefónica Tech

Telefónica Tech is a number one firm in digital transformation. We provide a variety of built-in know-how companies and options, together with cybersecurity, cloud, IoT, massive knowledge and blockchain. For extra info, please go to https://telefonicatech.com/.

About BBVA

BBVA is a worldwide monetary group based in 1857. The firm is current in additional than 25 nations, holds a number one place within the Spanish market, is the most important monetary establishment in Mexico and has main franchises in South America and Turkey. Through its actions, BBVA contributes to the progress and well-being of all its stakeholders: shareholders, prospects, workers, suppliers and society as an entire. In this sense, BBVA helps households, entrepreneurs and corporations of their future plans, serving to them to benefit from the alternatives provided by innovation and sustainability. Likewise, BBVA leverages know-how and knowledge to supply its shoppers a differentiated worth proposition, serving to them enhance their monetary state of affairs with personalised info when making monetary choices. Additional monetary details about BBVA will be discovered at https://accionistaseinversores.bbva.com/. For extra details about BBVA, please go to https://www.bbva.com.



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