SWIFT, a global network enabling secure financial transactions between banks, faces ongoing cyber threats due to the sensitive nature of its operations. To address these risks, it introduced the Customer Security Program, which strengthens cybersecurity practices across member institutions. The program enhances protection against evolving attacks, reduces fraud risk, and minimizes financial losses. Central to this initiative is the Customer Security Controls Framework, which provides guidelines and standards for improving security measures. By enforcing stronger controls and promoting industry-wide security awareness, SWIFT helps banks safeguard transactions and maintain trust in the global financial system.

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