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Financial institutions can strengthen cybersecurity with SWIFTs CSCF v2021

Society for Worldwide Interbank Financial Telecommunications (SWIFT) introduced an updated set of baseline customer security controls that all of its users must implement on their SWIFT-related infrastructure by mid-year 2021. SWIFT has more than 11,000 users in over 200 countries, which makes it an attractive target to cybercriminals looking for banking information to perpetuate their fraudulent schemes. The latest version of those controls, along with a new independent assessment requirement, go into effect in July 2021. The CSCF includes 31 security controls, 22 mandatory controls, and 9 advisory controls.

Source: https://www.helpnetsecurity.com/2021/01/21/swift-cscf-v2021/

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