Chile’s banking association is partnering with Microsoft’s Digital Crimes Unit to strengthen threat intelligence sharing and improve the financial sector’s ability to detect and respond to cybercrime and digital fraud.
The Association of Banks and Financial Institutions of Chile (ABIF) has signed a cybersecurity cooperation agreement with Microsoft aimed at strengthening the country’s financial sector against cybercrime and digital fraud.
The initiative connects ABIF’s Cybersecurity Coordination Group (VTF) with Microsoft’s Digital Crimes Unit (DCU), providing access to specialised cyberthreat intelligence and expertise.
The organisations will collaborate on knowledge and best-practice sharing, training, technical capability development and analysis of emerging threats and malicious actors.
Chile’s financial sector will also gain access to intelligence through Microsoft’s Cyber Threat Intelligence Program, which shares information about emerging cyberthreats to help organisations anticipate and respond to criminal activity.
ABIF’s VTF has analysed more than 8,500 threat intelligence reports during 2026 and coordinated responses to 243 active threats targeting Chile’s financial sector.
“Digital threats are constantly evolving and require increasingly sophisticated capabilities and, above all, collaboration. This agreement allows us to continue strengthening the work that the banking sector has been carrying out to reinforce the financial ecosystem, incorporating the experience and specialised knowledge of a global player such as Microsoft,” said José Manuel Mena, President, ABIF.
The agreement is intended to strengthen cooperation between Chile’s banking sector and technology industry as cybercriminal groups increasingly operate across national borders.
Recent Microsoft Digital Crimes Unit operations have identified 5,606 Lumma Stealer victims, 1,636 Fox Tempest victims and 479 victims linked to RedVDS in Chile.
