Over the past decade, several cyber incidents have shed light on how SWIFT operates between institutions. In 2017, I covered the vulnerabilities with PASSFREELY and the JEEPLEA SIGINT operations revealed in TheShadowBrokers leaks. Additionally, the 2016 Bangladesh Central Bank Heist, orchestrated by North Korea, offered valuable insights into the workings of international inter-bank SWIFT messaging. Since then, financial messaging standards have undergone significant changes. Legacy standards...