The entire SWIFT payments community suffers from highly sophisticated and organized cyberattacks, leading users to protect themselves against this cyber threat landscape by complying with the CSP suite of controls.
Established by SWIFT, the CSP (Customer Security Program) establishes a common set of security controls, known as the Customer Security Control Framework (CSCF), designed to help users secure their local environments and promote a safer financial ecosystem.
ECS has the experience, capacity and certification to advise and assess you in compliance with the CSCF / CSP controls.
Our differentiating factor is the experience we have certifying our infrastructure at the ECS SWIFT Service Bureau.
Matches Instructions against incoming Statements. Instructions can be for moving money or securities through any channel. Statements are usually expected via the SWIFT network, however, statements can arrive through any channel in any protocol.
We do the SWIFT risk assessment, review current mandatory controls, and provide a prioritization framework.
We can help you with the design, implementation and operation of the SWIFT infrastructure by reviewing and validating compliance with CSCF controls and issuing Certifications of independent assurance reports.
ECS Fin helps you develop a risk mitigation roadmap after diagnosing and identifying the gaps between mandatory and suggested controls.
SWIFT users must identify the type of architecture that suits the organization’s infrastructure as well as the components according to the scope of the control framework:
Both the messaging and communication interfaces belong to the Bank.
Only the messaging interface belongs to the Bank. The Communication interface belongs to SWIFT or a Service Bureau.
It uses a SWIFT connector since neither the messaging nor the communication interface belongs to the Bank. These interfaces are provided by Service bureau or SWIFT Services such as Alliance Cloud or Alliance Lite 2.
It uses a Bank connector (Middleware system). The messaging and communication interfaces are provided by the Service bureau or by SWIFT.
The messaging and communication interfaces are provided by the Service bureau and not by SWIFT.
To improve the cybersecurity of financial networks, basic security controls are developed by SWIFT based on three general objectives. SWIFT users must initially comply with all the mandatory controls based upon their respective architecture type. All security controls defined by SWIFT are applicable for SWIFT users to complete a secure payment processing chain.
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