$81M missing via SWIFT: How banks can protect payment networks #cybersecurity

SWIFT, the global messaging network used by banks to send payment instructions, was forced to warn its customers last week that “a number of recent cyber incidents” had taken place on its system involving fraudulent messages sent by cyber thieves. Independent surveillance systems monitoring across the entire payment chain and providing end-to-end integrity validation can

• Editorial Team

• May 5, 2016
• 1 minute