The Brazilian Pension Funds Authority (PREVIC) announced its participation in Coremec’s CORE Summit 2025 in São Paulo on 24–25 September, positioning cybersecurity and digital resilience as a supervisory priority for Brazil’s closed pension fund sector. PREVIC’s director-superintendent, Ricardo Pena, is scheduled to join the opening session on 24 September and linked cyber threats to the protection of sensitive data for more than eight million people and to financial stability, noting the sector represents around 11% of Brazil’s GDP. On 25 September, PREVIC’s IT coordinator, James Taylor, will present how the authority is structuring its approach to cyber risks, covering emerging threats such as ransomware, third-party attacks, malicious AI and quantum computing, as well as national and international regulatory references and PREVIC’s internal assessment of the topic. PREVIC’s director of administration, Leonardo Zumpichiatti, will close the event’s final panel with a discussion of the future of regulated cybersecurity, including arguments for greater technological sovereignty and domestically developed infrastructure and technologies. Alongside the summit programme, the International Organisation of Pension Supervisors (IOPS) is expected to decide in September 2025 on adding cyber risk to its principles and best practices for risk-based supervision for member authorities.
Brazilian Pension Funds Authority (PREVIC) 2025-09-11
Brazilian Pension Funds Authority highlights cyber risk supervision at CORE Summit 2025 in São Paulo
The Brazilian Pension Funds Authority (PREVIC) will join the CORE Summit 2025 in São Paulo, focusing on cybersecurity and digital resilience for Brazil’s closed pension fund sector. PREVIC officials will address cyber threats, financial stability, and emerging risks like ransomware and malicious AI. The International Organisation of Pension Supervisors (IOPS) may also consider incorporating cyber risk into its supervisory principles.