How Secure Is the Swift Network?

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A series of recent cyberattacks targeting banks raises questions about the security of Swift, the global messaging network that is the backbone of payment services for more than 11,000 institutions worldwide, including banks and corporations. Illustration: Adele Morgan/The Wall Street Journal

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so is blockchain going to replace this SWIFT thing, or is that the objective of blockchain itself?

andyy
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Finally the first one to be here. I'm so relieved 😌

professorportal
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Ibsa Abdi nure Ethiopia dire dawa
commercial bank

ibsanuretuyube
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Swift network is Secure its the access terminals that are the problem.

ShadowwalkerO
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old bullshit. already have been hacked.

caiaffa_matheus
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What are ur thoughts?? Is swift extremely secure and that hacker cant hack the system no more??

yan
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Ripple XRP is going after you and will go live in 2-3 years from now.

estherkim
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VERSAILLES Ideal place for diplomatic reunions.

TheNoblot
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"a significant global outage would slow payments to a crawl"
a global outage? of what? swift? wouldn't a significant outage of the areas where they have their servers cause this?
or do they mean a global blackout or something? seems silly.

briancook
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great location Bremen inventive ancient gothic. it makes britain closer to the continent, as it makes BREMEN closer to EUROPE. simply simplifying the mind.

TheNoblot
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What?! I thought swift was a coding language!?

saahilshrestha