The Evolving Cyber Threat to the Banking Community (Multi-Video)

The rise in the threat level clearly requires a concerted response.  In response SWIFT and BAE Systems have produced a detailed report for SWIFT customers that outlines attack techniques and counter measures.
The rise in the threat level clearly requires a concerted response.  In response SWIFT and BAE Systems have produced a detailed report for SWIFT customers that outlines attack techniques and counter measures.

Groups behind attacks on the financial services industry are deploying ever more creative techniques to access critical infrastructure.

Our adversaries are prepared to invest considerable time in planning and preparing for attacks.

In some cases we have been able to observe that the attackers had been quietly present on customers’ systems for longer than 12 months before actually attempting to execute the frauds – often doing so around public holidays. 

There has been a significant evolution in the cyber threat facing the global financial industry and the groups behind these attacks are deploying ever more creative techniques to access critical infrastructure.

(Which trends worry BAE Systems’ experts the most? Hear from the people on the front line who defeat network threats every day. Cyber threats have changed and the solutions need to change too. The sophisticated techniques BAE Systems uses to protect government and military assets are helping to defend businesses around the world. Courtesy of BAE Systems and YouTube. Posted on Sep 27, 2017)

The determination, patience and cunning the attackers are demonstrating makes it more imperative than ever that customers:

  • Rapidly deploy and maintain basic cyber hygiene tools and measures
  • Comprehensively adhere to recommended security controls, and
  • Incorporate all the elements set out in the SWIFT Customer Security Program

(Hear from BAE Systems experts on the front line who defeat network threats every day. Humans and machines combined spot unusual activity that signifies compromise. Cyber threats have changed and the solutions need to change too. The sophisticated techniques BAE Systems uses to protect government and military assets are helping to defend businesses around the world. Courtesy of BAE Systems and YouTube. Posted on Sep 27, 2017)

The rise in the threat level clearly requires a concerted response. 

In response SWIFT and BAE Systems have produced a detailed report for SWIFT customers that outlines attack techniques and counter measures.

Click here to Download the report now.

If you’re a SWIFT customer, you’ll know about the deadline to meet the new Customer Security Controls Framework requirements: 31st December 2017.

BAE System’s has been working with SWIFT since July 2016 to provide rapid insight, advice and solutions to SWIFT customers.