Banking
Protect core banking systems and SWIFT operations from compromise
Core banking credential theft, SWIFT operator account takeover, and insider access to bulk customer records are the top three threats for retail and commercial banks. ManySignal monitors across legacy core systems and modern cloud workloads — with FFIEC, FCA, and DORA evidence export built in.
$5.9M
Average cost of a banking data breach (IBM, 2023)
$1.8B
SWIFT-related fraud losses since 2016 (Thetaray)
36 days
Average dwell time before detection in banking breaches
4 hrs
DORA major incident notification window to regulators
The three attacks defining banking security right now
Core Banking Credential Compromise
Nation-state actors and organised crime target core banking operators via spear-phishing. Once credentials are obtained, attackers enumerate account balances, modify standing orders, and initiate bulk transfers. Lazarus Group's Bangladesh Bank heist ($81M via SWIFT) established the playbook now used by dozens of imitators.
Insider Data Exfiltration
Bank employees with access to customer master records, loan books, or credit card portfolios represent a persistent insider threat. Exfiltration via print, USB, or cloud sync from core banking CRM systems is the most common vector. US regulators track insider data theft as a top-5 examination finding.
ATM Black Box and Jackpotting
ATM jackpotting attacks deploy malware via physical access or remote management channels to issue dispense commands outside normal transaction flows. Europol's ECB warns that ATM Black Box attacks increased 269% between 2020 and 2023 in the SEPA region.
How ManySignal protects banking operations
SWIFT and interbank payment monitoring
ManySignal ingests SWIFT Alliance Access logs, Fedwire transaction logs, and CHIPS activity to detect payment fraud patterns. It correlates operator identity events — login timing, device, location — with payment initiation to flag transactions initiated by a credential that shows signs of compromise.
- SWIFT operator access anomaly detection
- Dual-approval bypass detection on high-value wire transfers
- Correspondent banking connection anomaly monitoring
SWIFT and interbank payment monitoring
Core banking system protection
Core banking platforms — Temenos T24, FIS Horizon, Finastra Fusion, Oracle FLEXCUBE — are the crown jewels of any bank. ManySignal monitors privileged access to core banking APIs, database query volumes, and administrative account usage. Service accounts accessing bulk customer data outside scheduled batch windows trigger immediate investigation.
- Core banking privileged session recording integration
- Bulk customer record access anomaly detection
- Maintenance window anomaly — admin actions outside approved change windows
Core banking system protection
Regulatory monitoring for national banking regulators
Banks face oversight from the OCC, Federal Reserve, FDIC, FCA (UK), BaFin (Germany), APRA (Australia), and MAS (Singapore). ManySignal provides continuous monitoring evidence mapped to each regulator's IT risk examination guidance, and generates incident reports formatted for supervisory notifications.
- OCC Heightened Standards continuous monitoring controls
- FFIEC Cybersecurity Assessment Tool mapping
- Cross-border supervisory notification timelines tracked per entity
Regulatory monitoring for national banking regulators
Regulatory bodies and frameworks supported
Banking security — common questions
How does ManySignal support the FFIEC Cybersecurity Assessment Tool?
ManySignal maps its detection and monitoring capabilities to the FFIEC CAT's five domains: Cyber Risk Management and Oversight, Threat Intelligence, Cybersecurity Controls, External Dependency Management, and Cyber Incident Management. The platform exports an evidence summary per domain, suitable for use in examiner conversations and board reporting.
Can ManySignal monitor SWIFT payment operations specifically?
Yes. ManySignal integrates with SWIFT Alliance Access and SWIFT Alliance Gateway logs via syslog. It monitors operator login events, message creation, dual-authorization steps, and payment deletion events. It detects SWIFT operator credential compromise scenarios based on the patterns documented in SWIFT's Customer Security Programme (CSP) mandatory and advisory controls.
Does ManySignal support DORA requirements for EU banks?
Yes. ManySignal addresses DORA's ICT risk management requirements (Article 6), ICT incident management and reporting (Articles 17-23), and digital operational resilience testing (Article 26). The platform monitors for significant ICT-related incidents, tracks the 4-hour notification window for major incidents to regulatory authorities (EBA, ESMA, EIOPA), and provides evidence for scenario-based resilience testing.
How does ManySignal handle monitoring across branch networks with legacy systems?
ManySignal's universal log pipeline ingests syslog, CEF, and LEEF from legacy branch systems, ATM networks (Diebold, NCR), and teller platform logs — alongside modern cloud workloads. The entity graph normalises identity across systems so a teller's actions in a branch application are correlated with their VPN access and email activity in a single view.
What is ManySignal's approach to ATM and physical channel monitoring?
ManySignal ingests ATM management platform logs (Diebold DN200, NCR Aptra) and correlates physical access events with logical access anomalies. It detects ATM jackpotting attempts (Black Box attacks) via abnormal maintenance-mode activations, dispense commands without customer-initiated transactions, and network traffic to ATM management systems from unexpected sources.
Schedule a banking-specific demo
See SWIFT log analysis, core banking anomaly detection, and FFIEC evidence export in one session — tailored to your institution's regulatory obligations.