Security of Brazilian Foreign Trade systems questioned
Feb, 11, 2019 Posted by datamarnewsWeek 201907
This Thursday, in São Paulo, Procomex, an NGO focused on promoting the improvement of foreign trade activities in Brazil, will promote an event in which the Federal Revenue (Receita Federal) and SECEX officials will present aspects of the New Import Process system, based on the Single Import Declaration (DUIMP), available on the Single Foreign Trade Portal (Siscomex).
The online system’s objective is to reduce the average import process by 40%, from 17 to 10 days. This improvement would be equivalent to savings of US$8 billion per year. The new system is also designed to improve protection of government data. Considering cyber-threats currently at large in the business world, this is considered an important priority.
Unfortunately, what you see in the market today compromises this goal. A number of companies currently sell data obtained from government foreign trade systems; and worse, this data is being sold openly, with vendors hiding behind technical terms that seek to evade the true source of the data. Several businesses are buying this information, and running the risk of being eventually prosecuted as users of sensitive government data.
Other companies, subject to stronger compliance rules, have chosen not to use this information. However,as time passes and with a lack of effective action against this practice, the tendency is for them to believe that the data is not prohibited or sensitive, and they may also start using it. The foreign trade data market expects the Brazilian Government to truly protect information and take action on this issue.
-
Ports and Terminals
Jun, 17, 2024
0
Ecoporto wants contract renewed amid fierce dispute over Port of Santos area
-
Grains
Jun, 14, 2023
0
Brazil farmers harvest 2.2% of 2023 second corn crop, AgRural says
-
Trade Regulations
Aug, 18, 2025
0
U.S. importers seek exemption from Brazilian coconut water tariffs
-
Shipping
Jul, 27, 2021
0
Ship with 14 crew with Covid-19 begins quarantine at the Port of Santos, SP
