Inside Incisive

Central Banking’s Nick Carver quoted in FT lead story

April 29, 2016

Market-leading Central Banking Publications was the obvious place for the FT to go for comment on its cyber-risk front-page splash on Wednesday.

Publisher Nick Carver summed up the consequences for the finance industry of payment-messaging service Swift being hacked and why central banks would be concerned. A part of the quote was then re-used by the headline writer, which helped the story secure the lead for that day.

“Central banks have been looking at cyber crime, first at their banking sector and more recently with regard to their own websites,” said Nick Carver, publisher of Central Banking Publications. “But real-time gross settlement systems and Swift are in a different league. You are not just talking about big money, but the money. Swift is the nervous system of international payments. So central banks will be very concerned by these findings.”

The article is available here:
http://www.ft.com/cms/s/0/8529c6a4-0b7f-11e6-9456-444ab5211a2f.html


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