Cybersecurity
Swift CEO to Say More Banks May Have Been Breached by Hackers
- Messaging network to increase software security requirements
- Swift to demand more client information and will share it
Gottfried Leibbrandt
Photographer: Jason Alden/BloombergThis article is for subscribers only.
Hackers may have targeted more banks than have been previously reported, according to prepared remarks by the chief executive officer of Swift, the global interbank messaging system is set to give on Tuesday.
The Society for Worldwide Interbank Financial Telecommunication will increase security requirements for the software clients use and help clients conduct security audits, the network’s chief executive officer, Gottfried Leibbrandt, will tell an audience at the European Financial Services Conference in Brussels, according to prepared remarks of the speech, which is slated to be delivered Tuesday.