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by BankThrowAwayRU 1575 days ago
Well, no, they are just controlling the whole line of delivery for the data packages; its not uncommon in critical infrastructure, that you have to deploy some special hardware stuff for whatever security reasons.

For sure, the typical HN-mentality is: "there is no security and since this a dumb bank/financial-service, they are just trolling and they dont know what they are doing" - no, let me tell you that you are wrong with this assumption: SWIFT is pretty secure and there haven't been any larger (successful) attacks on the network itself (hint Central Bank of Bangladesh losing 90m in a CEO-scam is not a problem of SWIFT, same for similar cases)

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> is not a problem of SWIFT, same for similar cases

Perhaps it was not in SWIFT's domain of responsibility. But it was for sure a problem for them and it's why they started CSP.