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Post by Wiebe Fokma
Wiebe Fokma is Senior Consultant with more than 20 years experience in banking, IT and fraud management. His prime focus at INFORM Risk & Fraud is online banking fraud, targeted cyber attacks and advanced persistent threats and Cards.
Recently two international operating banks have faced severe malware attacks through their internal SWIFT messaging system. Attacks though malicious software is nothing new but the way criminals were able to gain access to the SWIFT network raises serious questions about cyber-security. We have asked INFORM’s cyber security expert Wiebe Fokma on his take on implementing measures to strengthen the systems' security.