The Financial Superintendence of Colombia hosted a three-day course on technology risk and cybersecurity for financial supervisors from across Latin America, organised with the Association of Supervisors of Banks of the Americas and the Bank of Spain. The programme brought together 34 representatives from nine supervisory authorities to strengthen their understanding of technology risk assessment for supervised financial institutions, recent regulation, the evolving risk and innovation landscape for firms and consumers, and crisis management practices. During the event, Superintendent César Ferrari said supervisory authorities need specialised staff with the technical capacity and broader perspective to connect security issues with business, legal and reputational risks arising from digital developments. He also stressed the importance of digital trust in financial services, highlighting secure, fraud-protected and low-friction channels as important for preserving institutions' reputations and supporting user adoption, and pointed to the need to adapt to digitally native customers and widely used interaction channels such as social media.

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