Dtex and SWIFT
How Dtex helps global financial institutions detect bank fraud and fulfill SWIFT security controls
Starting on January 1, 2018, SWIFT (the Society for Worldwide Interbank Financial Telecommunications) began enforcing the Customer Security Controls (CSC) Framework. The CSC Framework is a baseline of mandatory and recommended security measures that all SWIFT customers must meet.
The implementation of these controls emphasizes the need for financial institutions to prioritize cybersecurity in a world of growing data breach risk and, consequently, rising responsibility to protect critically-important customer data.
This document describes how Dtex Systems can help global financial institutions detect SWIFT bank fraud and fulfill the SWIFT security controls. Currently, a large North American financial institution uses Dtex to address SWIFT security framework requirements and detect bank fraud by deploying Dtex collectors on tens of thousands of endpoints and hundreds of servers. Dtex's Enterprise User Intelligence and the detection techniques described in this document can help financial institutions around the world meet CSC requirements and similar controls.