PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

Who Do You Trust For Information Sharing?

Tim Sloane by Tim Sloane
May 28, 2021
in Analysts Coverage, APIs, Artificial Intelligence, Data
0
Who Do You Trust For Information Sharing?

Who Do You Trust For Information Sharing?

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

SWIFT wants to be your information sharing hub according to this sponsored article.

Every financial institution has multiple partners that are connected to a large number of other financial institutions, or corporates, or merchants, so which partner provides the most actionable, reliable, and secure data? The reality is it takes more than one, financial institutions need data sharing that improves criminal activity detection across multiple business operations too numerous to list here.

With AI hungry for more data to improve detection financial institutions should categorize and inventory the data it needs and then identify and rate potential sources:

“In strengthening cyber defenses, an area of paramount importance is information sharing, because an attack on one organisation can easily happen to another elsewhere in the world. The exchange of cyber-threat intelligence is critical for detecting and preventing attacks.

It’s established that cybercriminals work collaboratively to share intelligence, meaning that organisations must do the same and better. A starting point involves ensuring accessible, automatic API-enabled data feeds that can support timely action.

SWIFT shares threat intelligence with customers via its Information Sharing and Analysis Centre (ISAC). A key new feature is the Malware Information Sharing Platform (MISP), to which the ISAC migrated in February 2021. The easy-to-use MISP software is free and brings several benefits. These include easier onboarding and log-ins; synchronisation of threat events between servers for an automatic threat feed; and the ability to retrieve data in multiple formats.”

Overview by Tim Sloane, VP, Payments Innovation at Mercator Advisory Group

Tags: APIsArtificial IntelligenceCybercrimeDatainformation sharingSwift
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    Google Wallet Expands Features

    Google Wallet Continues to Bet on Digital with Expanded Features

    June 2, 2023
    digital value

    How Embracing Digital Value Can Help Solve the B2C Payments Conundrum

    June 1, 2023
    instant payments, real-time payments, RTP

    Banks Developing Instant Payments Products in the U.S. Should Focus on Billers to Generate New Revenue Streams  

    May 31, 2023
    Digital Wallet Use Delivers on Convenience and Security

    Digital Wallet Use Delivers on Convenience and Security

    May 30, 2023
    5 Ways to Protect Your Financial Institution from a Cyberattack

    5 Ways to Protect Your Financial Institution from a Cyberattack

    May 26, 2023
    traditional banks

    How Traditional Banks Can Modernize Without Risk

    May 25, 2023
    identity fraud

    Javelin’s Identity Fraud Study Highlights the Changing Nature of Fraud

    May 24, 2023
    SASE, security-as-a-service

    Security-as-a-Service Secures
    Distributed IT Models

    May 23, 2023

    Linkedin-in Twitter

    Advertise With Us | About Us | Terms of Use | Privacy Policy | Subscribe
    ©2023 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    Menu
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • Recent News
    • Resources
    Menu
    • Industry Opinions
    • Recent News
    • Resources
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download this complimentary report from CSG Forte: