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Brazil , Sunday 30 August 2026

Brazil's central bank enhances security of the financial system

Published on: Friday 05 September 2025

Brazil's central bank enhances security of the financial system BRASILIA (Reuters) -Brazil's central bank on Friday announced new measures approved by its board to strengthen the security of the country's financial system, following recent cyberattacks on financial institutions. Effective immediately, payment institutions not authorized by the central bank and connected to the National Financial System Network via IT service providers will face a 15,000 reais ($2,766.92) cap on digital cash transfers. Central bank Governor Gabriel Galipolo said the cap was set because 99% of corporate transactions via the Pix instant payment system or TED bank transfers fall below that threshold.


News source: https://finance.yahoo.com/news/brazils-central-bank-enhances-security-143119277.html

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