LogRhythm for SWIFT Customer Security Controls Framework
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) manages numerous transactions and moves large sums of money every day for banks and other financial players via its secure messaging system. This is a prime target for hackers to send fake messages and attempt to steal funds from member organizations.
To mitigate these risks, SWIFT implemented the Customer Security Controls Framework, a security standard. Members must adhere to the framework and comply with the security controls. This white paper explores how cybercriminals have exploited SWIFT, how the Customer Security Controls Framework works, and solutions for organizations to meet its requirements. The white paper covers:
- Examples of cybercriminals exploiting SWIFT
- Details about the Customer Security Controls Framework
- How LogRhythm solutions can help member organizations adhere to the framework