SWIFT to unveil new security plan after hackers heists


  • TECH
  • Tuesday, 24 May 2016

Credibility issue: The attacks have dented the banking industry

LONDON: The SWIFT secure messaging service that underpins international banking said it plans to launch a new security programme as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT)’s chief executive, Gottfried Leibbrandt will tell a financial services conference in Brussels that SWIFT will launch a five-point plan later this week.

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