Fraudulent payment instructions continue to haunt member banks of SWIFT. Alain Desausoi, SWIFTs Chief Information Security Officer (CISO), said there was progress in this fight through SWIFT measures like Daily Validation Reports and CSP, which had helped customers thwart and prevent a number of recent attacks, he said.Desausoi stressed the importance of cooperation against online fraud and highlighted the crucial role of customers in the fight against the growing menace of online fraud. For more SWIFT news, visit the Financial Times Cyber Security Summit Europe.”]
Source: https://www.darkreading.com/cloud/swift-ciso-cyber-threat-persistent-