SWIFT Customer Security Programme (CSP) Compliance Assessment

Stage 1: CSP Audit Scoping

In the first stage, we define the assessment scope and determine which systems, processes, users, and security controls are relevant to your SWIFT environment. This ensures the engagement is focused, accurate, and aligned with your architecture and business operations.

• SWIFT Environment Review:
  Identification of SWIFT-related systems, interfaces, applications, infrastructure components, and operational processes involved in messaging and payment operations.
• Architecture and Connectivity Analysis:
  Review of how the SWIFT environment is connected to internal and external systems, including supporting infrastructure, administrative access paths, and trust boundaries.
• Risk Assessment:
  Evaluation of the principal cyber risks that could impact the confidentiality, integrity, and availability of the SWIFT environment.
• Applicable Control Identification:
  Determination of the SWIFT CSP controls relevant to your deployment model, operational scope, and security responsibilities.

Deliverable: A SWIFT CSP Audit Plan defining scope, applicable controls, assessment objectives, evidence requirements, and delivery approach.

Stage 2: GAP Assessment

During this stage, we perform a detailed SWIFT CSP GAP Assessment to evaluate your current security posture against applicable SWIFT CSP requirements. The objective is to identify control weaknesses, missing evidence, and operational gaps that may affect compliance or increase risk.

• Security Control Review:
  Assessment of administrative, technical, and physical controls, including user access, hardening, authentication, logging, and monitoring practices.
• Network Segmentation Analysis:
  Verification that the SWIFT environment is appropriately segregated from the wider corporate network and that access paths are restricted and controlled.
• Privileged Access and Authentication Review:
  Evaluation of privileged account management, multi-factor authentication, account lifecycle controls, and access approval processes.
• Vulnerability and Patch Management Review:
  Review of how vulnerabilities, security updates, and system maintenance activities are managed within the SWIFT environment.
• Incident Detection and Response:
  Assessment of incident monitoring, escalation, investigation, and reporting procedures relevant to SWIFT-related security events.
• Evidence Validation:
  Review of policies, procedures, technical configurations, logs, and supporting documentation used to demonstrate control implementation.

Deliverable: A SWIFT CSP GAP Assessment Report outlining assessment findings, identified compliance gaps, risk observations, and prioritized remediation recommendations.

Stage 3: Compliance Reporting & Documentation

In the final stage, we support your organization in preparing the documentation required for SWIFT CSP compliance and annual attestation. This helps ensure that identified controls, remediation actions, and supporting evidence are clearly documented and ready for internal review or submission.

• Attestation Preparation Support:
  Assistance with organizing and documenting assessment outcomes to support the annual SWIFT CSP attestation process.
• Control Mapping Report:
  Preparation of a structured mapping of applicable SWIFT CSP controls, including implementation status, control ownership, and evidence references.
• Evidence Collection and Review:
  Compilation and validation of policies, configurations, screenshots, logs, procedures, and other artifacts required to support control compliance.
• Remediation Action Plan:
  Development of a practical roadmap for addressing identified gaps, including recommended actions, priorities, timelines, and responsible stakeholders.
• Management Reporting:
  Delivery of clear reporting for internal stakeholders to support decision-making, remediation tracking, and ongoing compliance oversight.

Deliverable: A SWIFT CSP Compliance Report including control mapping, evidence status, identified gaps, remediation recommendations, and documentation support for the attestation process.

Basis of Work

The assessment is performed using recognized security assessment practices and aligned with the current SWIFT Customer Security Programme (CSP) framework and supporting control validation activities.

• SWIFT CSP Framework: Applicable mandatory and advisory controls relevant to the assessed environment.
• Secure Architecture Principles: Review of segmentation, access control, monitoring, and hardening practices.
• Evidence-Based Assessment Approach: Validation through documentation review, interviews, and technical evidence analysis.