BAE Systems Joins SWIFT Security Team

The SWIFT (Society for Worldwide Interbank Financial Telecommunication) network has joined forces with BAE Systems to bolster its cyber security expertise.

SWIFT last month warned banks that it expects them to deliver an “operational baseline” of appropriate security measures after it was thrust into the limelight comes after a spate of cyber attacks on the network.

In February, online thieves came close to stealing nearly a billion dollars from the account belonging to the Central Bank of Bangladesh.


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Story added 17. July 2016, content source with full text you can find at link above.