Cyber Security Partner: Swift

Frank Versmessen, head of controls, attestation and assurance, Swift

Financial institutions today must monitor payments in real time and act instantly on suspicious transactions as the scale and complexity of fraud evolves. The Covid-19 pandemic increased the attack surface for many institutions as a large share of staff began working remotely, focusing the need for concrete cyber defences.

Payment services provider Swift has been assisting central banks and financial institutions

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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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