On Monday, August 13th,  the Chamber of Deputies held a special floor session to discuss the state of the financial and strategic infrastructure of the State in the field of the fight against cyberinsecurity. They discussed the national reality of cibernetic legislation. The session was attended by the Superintendent of Banks and Financial Institutions (SBIF), Mario Farren, and the presidential advisor on cybersecurity, Jorge Atton. Both deputies and representatives of the Executive agreed to advance on legislations to address this problem.

The Chamber expressed its concern about the state of Chile’s computer networks and the security of the financial system. With these concerns, it heard the presentations from the Executive delegates, as well as interventions from legislators from across the whole political spectrum. With these inputs, they decided to pass three resolutions, including a request that the Executive designs a specific public policy on cybersecurity, with the aim of giving the Armed Forces greater capacity to act in the face of security threats to national security.

Delegates of the Executive explained that they are working to address the problem. In this regard, Mario Farren, Superintendent of Banks and Financial Institutions, explained that they are making progress in defining the regulatory aspects to “directly attack cyber-risks”.

Furthermore the presidential advisor on Cybersecurity, Jorge Atton, explained that he is working on “a strategy, which will be promoted through policies that will include concrete action plans”. This strategy will be based on the introduction of a battery of legal amendments to Congress in the next six months. New Computer Crimes and Critical Infrastructure Bills and a new Cybersecurity Framework bill will stand out.