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by arafsheikh 2140 days ago
I don’t know about UPI, but those concerns can be mitigated by not operating on public networks. The SWIFT payment network for example is private[1] and is only accessible via dedicated routers.

[1] https://www.exalog.com/en/swiftnet-network-banking-communica...

1 comments

Relying on perimeter security like this means you are as vulnerable as your weakest nodes. SWIFT can be and has been hacked via its less sophisticated participant banks.