More than 100 banks in 25 countries – including the UK – saw their payment security compromised when infiltrated by a sophisticated attack that siphoned $1bn. More recently, attackers stole $81m from the Bangladesh central bank.
These cyberattacks exemplify the growing number and level of sophistication cyber threats banks face today.
Download 3 Ways for Banks to Win the Raging Battle Against Cyber Fraud to learn how to:
From internal fraud to mobile banking fraud, stakeholders in the banking industry can no longer afford to leave their bank’s cyber risk and fraud investigation technology to chance. Download our best practice guide today.
$20.8 Million: average annualized cost of cybercrime in the financial services industry.
White PaperSWIFT CSP: How to use it for an unfair business advantage
Download our guide to SWIFT CSP to learn how to turn the 27 mandatory and advisory controls into prime opportunities to seize the competitive advantage your peers don’t even realise is available to them.
White PaperUnderstanding SWIFT CSP
After a high-profile series of attacks against a number of organizations last year, SWIFT has set up a SWIFT CSP (Customer Security Program) for further payment fraud prevention. The CSP contains a laundry list of controls, some of which are mandatory, some advisory, along with multiple deadlines.
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