I-TRACING now has 10 SWIFT CSP certified assesors  

I-TRACING is proud to announce that it belongs to the ten global companies with SWIFT CSP certified assessors. With 10 of its employees being SWIFT CSP certified assessors, two of whom are the first certified auditors in France, this marks a milestone in our ability to support our current and future clients under the SWIFT CSP (Client Security Program).

What is the SWIFT CSP?

Created in 1973, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the international interbank messaging network, allowing all financial institutions to make international payments. It has more than 11,000 users worldwide.

This SWIFT CSP helps financial institutions ensure that their defenses against cyber-attacks are up-to-date and effective and helps protect the integrity of the broader financial network. In practice, users of SWIFT solutions and platforms compare the security measures they have put in place with those detailed in the Client Security Control Framework (CSCF) and can then attest to their level of compliance on an annual basis.

Certify your mandatory annual evaluation exercise with I-TRACING

Our ten SWIFT CSP certified assessors can run your mandatory annual assessment worldwide, thanks to our global footprint with our presence in Europe, North America and Asia (Hong Kong, Malaysia, Singapore). This assessment of defenses is even more necessary as the SWIFT intra-bank network is a prime target for cybercriminals. In 2018, North Korean hacker group Lazarus targeted the SWIFT network to divert more than $80 millions from the Bank of Bangladesh.

The repository of SWIFT CSP certified companies is visible to all user customers. The latter are now required to carry out a SWIFT CSP certified assessment annually by a service provider that has at least two certified consultants.

The current SWIFT CSP certified assessment exercise started in July 2024, and our clients can benefit from our SWIFT CSP certified assessors.