SWIFT CUSTOMER SECURITY PROGRAMME (CSP)

To support the industry, Swift has implemented a set of mandatory and advisory security controls under their Customer Security Programme. These controls have evolved with new and arising threats, the development of security-related regulations in primary jurisdiction, developments in cybersecurity practice, further technology usage, and feedback provided by the swift community.

The mandatory controls establish a security baseline for the entire community. All users must implement them on their local swift infrastructure. Swift has chosen to prioritise these mandatory controls to set a realistic goal for near-term, tangible security gains and risk reduction.

The advisory controls are based on recommended practice for all users to implement. Over time, the rules change due to the evolving threat landscape, the introduction of new technologies, the evolution of security-related regulations in major jurisdictions, developments in cybersecurity practices, or user feedback.

Jolly Strategic Advisors Private Limited provides Independent CSP assessments related to the SWIFT CSP Programme in partnership with our partners.