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SWIFT HSM Refresh Programme 2023-2025

SWIFT HSM Refresh Programme 2023-2025

Interfaces and Integration,
21 December 2021 | 1 min read

Supporting secure, resilient operations of our customers.

Hardware Security Module (HSM) Boxes boxes are a vital tool in protecting the integrity of users’ messaging operations. We’re committed to supporting our community, and ensuring that these devices are kept fully secure, functional and up-to-date.

With that in mind, we are announcing the next HSM Refresh Programme to support the community in migrating to new models of theseboxes.

Starting in early 2023, the HSM Refresh Programme will proactively work with customers to replace their existing HSM boxes, offering an updated model that is currently in development. The programme, which is mandatory for SWIFT customers, will be completed in 2025 to ensure all are upgraded well before current models reach end-of-life.

In order to support the community on this important migration, we have committed to subsidise 75% of the one-time overall cost of the new HSM Boxes for customers complying with the programme.

Further details about this subsidy and the roll-out of the wider programme will be communicated in 2022. No action is required of HSM Box customers at this stage.

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