NG Webinar Series
Beating Payment Fraud: SWIFT Hacking Use Case
This webinar took place on 22 September 2016. You may watch the webinar recording below.
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About this webinar
Among numerous global thefts this year, the most dramatic was the illegal transfer of $101 million (USD) from the Bangladesh central bank’s holdings at the New York Federal Reserve to accounts in the Philippines. It’s thought to be the biggest cybercrime heist in history.
A number of recent high-profile – and high cost – cyber heists that leveraged the international Swift network to execute large-scale fraudulent transfers prove that banks around the world need multiple layers of defense especially against insider threats and external cybercrime threats.
Register for this free webinar to learn first-hand:
- The reasons behind the recent SWIFT hacks
- Current issues impacting payment channels
- Controls that address payment fraud
Date: 22 September 2016
Time: 11:00AM Swiss Summer Time (GMT+2)
30 minutes presentation + 15 minutes Q&A