Swift CEO gives network top marks despite Bangladesh Bank theft
Banks need to upscale their security infrastructure, says Leibbrandt
The CEO of the world's largest financial transaction messaging service has said he would rate the institution's performance over the past year as ten-out-of-ten despite its infrastructure being involved in a major central bank cyber heist.
"On availability, we are at 100% year-to-date – and we aim to be up 99.999% of the time, or to have no more than five minutes of downtime in a year," Swift's Gottfried Leibbrandt says in a Central Banking Journal interview due to be published on August 11.
His
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