Swift to roll out cyber security programme
CEO announces five-part initiative, with improved information sharing a key element; full details to follow later this week
Swift is going to do "much more" to bolster security, announced CEO Gottfried Leibbrandt today (May 24), as he unveiled a five-part customer-security programme.
Cyber security was thrown into the spotlight with the recent theft of $101 million from Bangladesh Bank's account at the Federal Reserve Bank of New York, although it was not an isolated incident.
Two other cases were cited by Leibbrandt "where fraudsters used the same modus operandi". Researchers at BAE systems have explained how
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