BBVA has partnered with Google Cloud to transform the bank’s security strategy by optimizing and improving its security infrastructure.
BBVA will collaborate with Google Cloud in the development of groundbreaking new artificial intelligence (AI) and machine learning (ML) models to predict and prevent cyberattacks against its banking infrastructure, providing a more secure experience for the bank and its customers.
Under the partnership, Google Cloud and BBVA will work to jointly develop a new platform that will allow the bank to adopt a more advanced technology by placing it in a more cost-effective environment, and with greater scalability. The use of Google Cloud’s Chronicle, combined with the expertise of BBVA’s security operations departments, will enable the bank to leverage best-in-class AI capabilities to prevent cyberattacks.
Álvaro Garrido, Chief Security Officer, BBVA, commented:
“This partnership represents a leap forward for the bank, and allows us to be at the forefront in preventing threats to the security of our financial infrastructure and our clients. The platform surprised us in its ability to quickly and accurately mitigate possible threats. Google Cloud’s Chronicle meets our expectations and will be a magnificent partner in this transformation of our security posture, just as Google Cloud has been in other areas of the bank.”
Derek White, VP Global Financial Services industry, Google Cloud, commented:
“The Chronicle platform was built to help companies like BBVA improve its security infrastructure, leveraging the speed and scalability of Google Cloud’s technology. This collaboration will solidify Chronicle as one of the key pillars of BBVA’s security infrastructure and will support its strategy in offering its customers a trusted approach to products and services.”