Did you know that the SWIFT ‘Customer Security Controls Framework’ is in effect since January 1st, 2018?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has enforced a set of security controls for all its member banks across 200 countries in a historic push against cybercrime, in light of recent cyberattacks against financial institutions.
These measures are 16 mandatory controls, such as multifactor authentication and continuous monitoring, and 11 recommended controls, including vulnerability scanning. Moreover, the upholding of these controls is transparent amongst members through the entire SWIFT messaging platform.
Members are expected to have abided by the Framework from January 1st, 2018 onwards, or face consequences.
Odyssey’s ClearSkies™ NG SIEM & Big Data Security Analytics delivers the framework, since November 7th, 2017, for helping your organization meet and validate SWIFT regulatory compliance. This highlights our dedication to our customers, and our commitment to staying one step ahead of our competitors.
With no effort on your part, since these criteria are designed into the ClearSkies™ NG SIEM & Big Data Security Analytics “Compliance – ServiceModule“, your organization may meet and validate complex compliance requirements found under PCI DSS, ISO 27001, FISMA, HIPAA and SWIFT in an efficient and cost-effective manner. Furthermore, it associates ClearSkies™ NG Endpoint Agent FIM features with related compliance criteria found under SWIFT.
To find out if your organization is compliant with the SWIFT ‘Customer Security Controls Framework’ and how that can be achieved, feel free to request more information by reaching out to us.