Monday, Jan 20, 2020
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Central Bank website breached

The Central Bank of The Bahamas (CBOB) found last week that its public website was breached, though it has determined that no personal information had been accessed.

CBOB said in a press release that it became aware of the breach Thursday and began to investigate in order to “contain the exposure”.

“The bank has no indication that any personal information has been accessed or viewed by any unauthorized person,” the bank said in a release on the breach.

“To be transparent, and out of an abundance of caution, we are however notifying all stakeholders.”

According to the central bank, there have been protective measures implemented since the breach was discovered.

The bank explained that it takes the protection and privacy of its data “very seriously”, and it “responds promptly to security incidences”.

This breach comes as the bank explores the development of digital banking and digital currencies.

The government has considered developing a digital currency and CBOB has been exploring ways to move money in and out of the Family Islands easily.

As the world becomes more digital, government has been looking to make Grand Bahama the Silicon Valley of the Caribbean.

Cybersecurity was the paramount discussion at information and communication technology forums held here in The Bahamas recently

Chester Robards

Senior Business Reporter at The Nassau Guardian
Chester Robards rejoined The Nassau Guardian in November 2017 as a senior business reporter. He has covered myriad topics and events for The Nassau Guardian.
Education: Florida International University, BS in Journalism
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