Mexican banks and regulators have formed an information security task force in the wake of multiple cyberattacks on the country's financial system.
In a May 24 statement, Banco de México said the task force, which includes trade associations, financial regulators and the attorney general's office, will aim to strengthen coordination in responding to incidents "that could damage the security of information in the Mexican financial system."
The formation of the task force comes as the central bank reportedly confirmed five separate cyberattacks on the financial system, including one as recently as May 8. All of the attacks involved the central bank's payment system, known as SPEI.
Banxico said that so far, 48 financial sector participants have migrated to an alternative SPEI connection system. The regulator had set new guidelines for financial institutions using the system, including setting restrictions on the amounts, timing and delivery of SPEI transactions.
Earlier reports suggested that hackers may have stolen up to about 400 million pesos in attacks identified in April.
As of May 24, US$1 was equivalent to 19.72 Mexican pesos.
