A series of cyber-attacks involving the SWIFT banking network have come to light in recent years. The first public report of these attacks came from the Bangladesh Central Bank, and we have also seen attacks at State Bank of Mauritius, Cosmos Bank (India) and City Union Bank (India).To strengthen security, Indian regulator Reserve Bank of India (RBI) issued several communications in this regard, and even imposed penalties on 36 banks in March for non-compliance on SWIFT operations. SWIFT also...
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