Data Protection Authorities confirm positive conclusion to investigation
The Belgian Data Protection Authority (Commission de la protection de la vie privée/Commissie voor de bescherming van de persoonlijke levenssfeer) and the Dutch Data Protection Authority (College bescherming persoonsgegevens) have announced the successful completion of their investigation into the security of SWIFT’s networks.
SWIFT is pleased to confirm that the authorities have concluded there are no indications that third parties have had, or could have had, unlawful access to financial messaging data. The authorities have also verified that there have been no violations of the security obligations under EU data protection law.
SWIFT takes its security and data protection responsibilities extremely seriously and has cooperated fully during the six-month long investigation. We appreciate the efforts the authorities have made in order to reach this positive conclusion.
College bescherming persoonsgegevens (Dutch)
SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories. SWIFT enables its users to exchange automated, standardised financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest.
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