2019_USA19_ht-f01_01_phantom-menace-episode-i-the-attack-that-undr_8roAdJx.pdf (7 MB)

The RSA Conference presentation examines cyberattacks against wire transfer and interbank payment systems, including Mexican banking incidents in 2018 and earlier payment-system compromises worldwide. The material frames likely threat categories broadly, including organized crime, insiders, state-sponsored actors, hacktivists, and opportunists, but does not attribute the Mexican incidents to a specific actor in the excerpt. It describes payment-system architecture, possible compromise points around concentrators, servers, developers, contractors, and internal banking networks, then emphasizes isolation and transaction validation as core defenses. The operational lesson is that banks should prepare incident communications, regulatory reporting, executive response, and resilient infrastructure before a payment-system compromise occurs.