In Colombia as established by the Public Administration, Law 1581 of 2012, Law 1266 of 2008, and Law_2195_of_2022 obliges organizations to implement adequate security measures to safeguard personal data, carry out due diligence processes and to know the final beneficiary of the companies with which they are related, which reinforces the need to adopt solid models of prevention and control.
Evertec, a multinational company with presence in more than 26 countries, has developed a comprehensive management model based on risk analysis, designed to offer security, flexibility and support for business operations.
“Our focus is on anticipating risks and providing organizations with tools that allow them to operate with confidence, aligned with the highest international standards in security, quality and regulatory compliance,” said Sandra Romero and Juliana Grajales of Evertec for Colombia.
For this reason, three reasons for shielding a business from financial and operational risks, in accordance with international and national regulations, are presented in a binding manner:
1. In-depth defense of your systems
Don’t stop with an antivirus alone, combine firewalls, network segmentation and intrusion detection systems (IDS/IPS) to create layers of protection. Also incorporate continuous monitoring (SIEM) and data leakage prevention (DLP) tools to alert you of any suspicious activity. Having the same safeguards in place and maintaining a dedicated team to constantly operate and supervise are critical. At Evertec, we have measures in place to mitigate fraud for issuers, acquirers and merchants through tools such as 3DS and RiskCenter360. We have procedures supported by international standards such as PCI-DSS, PCI-3DS, PCI-PIN and ISO27001 and administrative, physical and electronic security measures to protect your personal information, as regulated by law and by our privacy policy that can be found at www.evertecinc.com/en/privacy-policy-statement/
2. Structure clear privacy and data management processes
Implement a permanent information classification cycle, privacy impact assessments (PIA) and simple mechanisms for your clients to exercise their rights (access, rectification, suppression). Evertec has an updated inventory of processing and reviews privacy policies annually, which facilitates this type of control.
3. Design a proactive ethics and anti-corruption program
A document is not enough: develop due diligence controls for suppliers, enable an anonymous whistleblower channel and organize regular training for your team on anti-corruption standards (ISO 37001, FCPA, UK Bribery Act, applicable local regulations). Evertec integrates these elements into the operation and performs internal and external audits to verify compliance, thus reducing exposure to sanctions and protecting institutional integrity.
4. Design risk management and business continuity programs
Methodological standards such as ISO 31000, ISO 22301, DRII, FFIEC IT Handbook and COBIT are guidelines that allow companies to evaluate the risks they are exposed to and establish mitigating policies, guidelines, plans and procedures. At Evertec we integrate these methodologies into our operation and management, which has allowed us to address the risks that could impact on the normal operation of our business.
In a scenario where risks are as dynamic as technological advances and regulations are increasingly demanding; organizations cannot afford to manage their operations without a structured and proactive approach.
The adoption of comprehensive risk and compliance models is not only a response to potential contingencies, but an essential condition for sustainability, operational resilience and trust.
In this context, shielding is not an optional measure, but a strategic decision that defines a company’s ability to adapt, protect its integrity and move forward in an increasingly interconnected and demanding environment.