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Brazil's Central Bank enhances security of the financial system

ReutersSep 5, 2025 2:11 PM

- 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.

($1 = 5.4212 reais)

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