From: Finextra

Swift chief executive Gottfried Leibbrandt has called on EU policymakers to steer clear of ‘data protectionism’ and work towards the creation of a standardised global framework for international cyber-security.

Speaking at a high level EU conference on cyber-security strategy in Brussels, Leibbrandt described directly conflicting national regulations on data security as a critical challenge to international infrastructures such as Swift.

The interbank network, which connects over 10,000 institutions globally, was conceived with resilience and security at its core and designed to meet the highest standards of confidentiality, integrity and availability.

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