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When Looking for SWIFT Audit Guidelines, Beware of the Customer Security Controls Framework

Akamai·Ariel Zeitlin·about 1 month ago
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Ariel is the chief technology officer and co-founder of Guardicore. He co-founded Guardicore after spending 11 years as a cybersecurity engineer and researcher in the Israeli Defense Forces, where he worked closely with co-founder Pavel Gurvich. In March 2017  SWIFT published its new Customer Security Controls Framework  to the community. This is the first time SWIFT is publishing such security guidance and they announced that they will start auditing compliance with those requirements from January 2018, leaving SWIFT users (roughly any financial institution in the world) only a few months to take action. Organizations that are are found to be non-compliant will be published in a specific directory letting all other users of SWIFT to know that this counterpart maybe not safe to do business with. In practice this means that any respectable financial institution will have to do the effort to comply with the new regulations.…

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