If Swift is taking security to the next level, should it's customers be asking what the current level of security is and is there a lesson to be learnt by all banks?
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SWIFT is to review its security policies. In a message sent to customers on Friday, the global messaging service told customers that in light of “recently shared information regarding a number of fraudulent payment cases where affected customers suffered a breach in their local payment infrastructure”, SWIFT will be taking security to the next level.
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