 The new tech is set to enhance the safety of the bank’s digital customers in over 25 countries BBVA, the multinational Spanish bank, has entered into a strategic alliance with Telefónica Tech to bolster its global cybersecurity efforts. The partnership is expected to use advanced AI and process automation technologies to prevent cyber threats across BBVA’s global operations. Telefónica Tech will provide nearly 50 services for BBVA, “ranging from solutions for the proactive anticipation of threats, definition of operational tactics, strategies to strengthen BBVA’s resilience or protection for Data Processing Centres (DPCs)”. As part of the collaboration, a new specialised cybersecurity centre will be established in Mexico, which will be designed to function alongside BBVA’s existing Global Cybersecurity Centre in Spain. Together, the two hubs will be staffed by 200 Telefónica Tech employees, making them two of the ‘largest cybersecurity centres in the financial industry.” Beyond the staff located at the sites themselves, the two hubs will also be supported by 1,500 cybersecurity experts and ten secure operation centres across Europe and the Americas, serving to monitor BBVA’s security 24/7. “These two hubs specialising in cybersecurity are unique in the financial industry and represent a new step towards protecting our infrastructures with the latest technological advances. Our goal is to be a bank that is increasingly secure and prepared to respond to all types of attacks and to offer the best service to our customers with the best security guarantees in the market,” said Sergio Fidalgo, BBVA’s Global Chief Information Security Officer in a press release. BBVA and Telefónica Tech sign Mexican cybersecurity deal | Total Telecom
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