Trading

Swift creates anomaly alerts following cyberattacks

‘Daily validation reports’ for customers will be available in December under a voluntary registration programme

Swift creates anomaly alerts following cyberattacks
Photo: iStock

Cross-border financial messaging giant Swift is rolling out an anomaly detector to help banks monitor for fraud, as it moves to address a rash of cyberbreaches at customer sites.

The company said Tuesday it was developing customer alerts displaying a snapshot of a day's activity and any unusual messaging patterns detected by Swift.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump