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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.

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