Following the recent cyberattack on the Barbados Revenue Authority (BRA), president of the Barbados Chamber of Commerce and Industry (BCCI), James Clarke, is warning of potential long-term impacts on the business environment.
He expressed concern that if these incidents become more common, they could increase operational costs, undermine investor confidence, and create heightened uncertainty within the local economy.
"In response to the query about the cyberattack on the BRA, the Chamber is extremely concerned about the level of cyberattacks against government and private sector institutions.
This particular incident, which came to light in early October, involved a breach of the BRA's vehicle registration portal.
Sensitive personal information was reportedly accessed and circulated online, sparking widespread alarm.