NEWS
Scala Data Centers invests US $ 80 million in first Hyperscale Data Center in Tepotzotlán
Scala Data Centers , a leading Latin
American platform of sustainable data centers in the hyperscale market , has announced an initial investment of approximately US $ 80 million for its first data center in Mexico named SMEXTP01 . Located 25 miles from Mexico City in the municipality of Tepotzotlán the facility will have an initial critical capacity of 5MW . This strategic move enhances Scala ’ s capacity to meet the massive demands being made by large cloud and content providers known as hyperscale .
Operations for the new facility are set to begin in Q4 2023 and a major hyperscale client already anchors the site . Covering a built area of 142,133 sqft ( about 13.2 thousand square meters ) the SMEXTP01 HyperEdge Data Center will offer maximum customization and modularity . Consistent with the company ’ s portfolio the data center will operate on 100 % renewable and certified energy .
Marcos Peigo , CEO and Co-Founder at Scala , commented : “ This new project underscores our commitment to enabling new markets in Latin America either in unexplored locations or in regions with data center presence but still lacking a dedicated approach to large
IT capacities that truly serve the hyperscale segment . We are proud to spearhead this expansion and create unique conditions for massive colocation clients in the region through innovation , energy efficiency and sustainable technology .”
BioCatch ’ s LATAM research reveals surge in stolen devices and spike in mule accounts
BioCatch , a global leader in digital fraud detection powered by behavioural biometric intelligence , has unveiled its anticipated 2023 Digital Banking Fraud Trends in Latin America ( LATAM ) report .
The report offers an in-depth understanding of the latest risks and prevention strategies for the banking industry in the region , specifically
how and where cybercriminals are using social engineering tactics , including voice and investment scams , to defraud victims .
Key report findings :
• Social engineering attacks surge : A concerning 33 % of all fraud cases in 2023 can be attributed to social engineering attacks . Sharp rises were particularly evident in Mexico , Brazil , Chile and Argentina .
• Stolen device cases almost double : The first half of 2023 saw a shocking 90 % surge in stolen device cases compared to the same period in 2022 .
• Mule accounts double in number : BioCatch observed a 100 % spike in reported mule accounts , emphasising the mounting financial crime challenges facing the retail banking sector .
• Wide-ranging scamming techniques : The report highlights novel scams such as the ‘ WhatsApp family scam ’ and ‘ investment scams ’ that are rapidly gaining traction in LATAM .
• Innovative criminal methods : Unconventional methods like ‘ shoulder surfing ’ and ‘ facial recognition bypass ’ have emerged , further complicating the security landscape .
• Banks adopt advanced security measures : With the accountability often falling upon banks for customer losses , there ’ s a marked shift towards adopting state-of-the-art solutions like Machine Learning and behavioural biometric intelligence .
BioCatch ’ s report underscores the urgent need for banks to bolster their fraud defences . With victims increasingly looking to their banks for compensation and protection , it ’ s paramount for financial institutions to integrate advanced solutions that not only detect but also prevent these ever-evolving threats .
8 INTELLIGENTCIO LATAM www . intelligentcio . com