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Cyber hires

SWIFT, the member-owned cooperative and provider of secure financial messaging services, has engaged cyber security firms BAE Systems and Fox-IT. SWIFT has created a Customer Security Intelligence team, bringing together IT and cyber people to investigate security incidents.

SWIFT says that it’s assisting its members by undertaking forensic investigations on customer premises related to SWIFT products and services. These will complement the internal investigations being carried out by affected customers. SWIFT is also feeding related intelligence – in anonymised form – back to the wider SWIFT community, to help prevent future frauds.

Menno van der Marel, co-founder and CEO of Fox-IT, said: “SWIFT operates on a high security maturity level and we will be working closely together both supporting their cyber forensics analysis work, as well as helping them share anonymised information with the community.”


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