Swift details plan to toughen cyber defences

cybersecurity
Swift is rolling out improvements to its cyber security

Swift unveiled the details of a five-part cyber security plan today (May 27), aimed at strengthening its defences and helping its customers improve their own.

The five "strategic initiatives" cover improved information sharing, enhanced tools, better guidelines and cyber audit frameworks, new methods of detecting abnormal activity, and the engagement of third-party firms to help customers build better defences.

Swift has been particularly focused on cyber security since the theft of $101

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Combatting the ever-changing cyber threats in banking

Seemanta Patnaik, co-founder and chief technology officer at SecurEyes, discusses the continually evolving challenges and threats, and possible solutions to remain resilient to cyber attacks in today’s central banking environment.

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