11 January 2024
More than 4 billion cyber-attacks took place in Chile during the first half of 2023, positioning it as the fifth country in Latin America with the most incidents. The unprecedented technological progress in recent years brings important benefits, but also involves several cybersecurity risks.
Studies indicates that, by 2025, cyber-attacks will cost companies approximately US$ 10.5 billion.
Aware of the risks to the industry, BHP, together with the mining companies Anglo American, Antofagasta Minerals, Codelco and Collahuasi, launched the Mining Cybersecurity Corporation.
This is an unprecedented initiative led by Corporación Alta Ley and supported by the Chilean Ministry of Mining, which aims to generate and share cyber-intelligence information for early warning and response, and to promote a culture of cybersecurity in mining operations.
Ezequiel Fagetti, Cybersecurity Manager Minerals Americas, said "as BHP we are enthusiastic about this initiative and, therefore, we want to contribute with our experience in the protection of assets and systems. Cybersecurity is vital for the proper functioning of the different production systems and, ultimately, for us to continue contributing to the country. If we strengthen this aspect, we strengthen the mining industry as a whole, its value chain, and safeguard the benefits for everyone.”
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