Reducing Payment Fraud with SWIFT Customer Security Controls Framework
Learn about the SWIFT Customer Security Program (CSP) and its impact on reducing large-scale institutional payments fraud in this informative conference talk. Explore the progress made since the 2016 Bank of Bangladesh cyber heist and gain insights into how CSP has elevated 'cyber hygiene' for the global payments ecosystem. Discover the challenges faced, the changing landscape of payment security, and the importance of information sharing and third-party security risk management. Examine lessons learned, regulatory considerations, and the future evolution of the CSP. Understand the critical need for alignment and the potential for bringing various security frameworks together. Benefit from the expertise of top-rated speakers from the Carnegie Endowment for International Peace, SWIFT, JPMorgan Chase, and Deutsche Bank as they discuss the effectiveness and long-term evolution of this crucial security initiative.