Swift CEO gives network top marks despite $81m Bangladesh Bank theft

Banks need to upscale their security infrastructure, says Leibbrandt

Leibbrandt offers advice to banks following the Bangladesh hacking scandal

The chief executive of the world's largest financial transaction messaging service has said he would rate the institution's performance over the past year as ten-out-of-ten despite its infrastructure being involved in a major central bank cyber heist.

"On availability, we are at 100% year-to-date – and we aim to be up 99.999% of the time, or to have no more than five minutes of downtime in a year," Swift's Gottfried Leibbrandt says in a Central Banking Journal interview published today.

His high

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