Financial transactions and sensitive information are at risk online. Anapaya’s solutions restore digital confidence with secure, reliable, and flexible connectivity.
Cybercrime costs financial services €15.7 million annually, higher than any other vertical market
Banks are attacked on average 983 times a day
DDos attacks cost banking sector $1.17 million in recovery costs
According to International Monetary Fund, “Without dedicated action, the global financial system will only become more vulnerable as innovation, competition, and the pandemic further fuel the digital revolution.”
Financial services are 300 times more likely to be targeted by a cyberattack and are attacked 983 times globally every day.
Network downtime and lost productivity
Breach containment and remediation
Newly-required spending on security hardware, software, and services
Data recovery expenses
Instantly reroute data in the case of failure and boost performance based on cost or latency level rules.
SNB and SIX share the vision of creating a truly next-generation network for financial institutions. The SSFN is a completely different view of how intercompany networks are built and operated, based on the breakthrough technology of SCiON. We are proud to be a part of this and of an amazing project team of multiple companies!
The SSFN offers the same level of security and reliability as before, as well as enabling us to develop new business opportunities faster with more flexibility.
The SSFN is a SCiON-based ISD used exclusively for the Swiss financial sector. It allows for highly secure and trusted communication between Swiss financial institutions.
Isolation Domains (ISDs) such as SSFN combine the advantages of private and public networks. It offers a decentralized any-to-any architecture, extreme reliability, protection against network-level threats, and clearly defined governance and trust anchors.
Our solution combines the flexibility of the traditional internet with the security of a private network.
Each user can communicate in a closed network efficiently with every other SSFN member. This flexible architecture enables fluid and efficient digital transactions with the Swiss Financial Sector, while data senders and recipients can connect through the same or different carriers, enabling them to be carrier independent.
The SSFN provides additional protection against cyber risks such as Distributed Denial of Service (DDoS) attacks and BGP (traffic) hijacking in comparison to internet connections. Users have instant failover measures to guarantee business continuity and keep application sessions going, even if a physical supply line fails.
The SSFN is based on legacy-free technology, with a constant flow of innovation from the SCiON community and university research. The SSFN is highly agile, enabling changes and rapid integrations with new functionality to be added with active SCiON development.
The SSFN uses real-time, end-to-end path-awareness, finding the most secure and reliable networking routes. Central access control and governance provide additional security measures while paving the way for new digital business models such as instant payments and digitised banking.
Helping to strengthen cyber resilience in the Swiss financial sector. Cyber resilience is a key concern...
Für Hacker ist der Finanzsektor ein naheliegendes Ziel. Das Secure Swiss Finance Network (SSFN) bietet darauf eine Antwort...
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It is our pleasure to present the Swiss National Bank’s Annual Report for 2020. The first part of the report comprises the accountability report submitted by the Governing Board...
These are extraordinary times. None of us has ever experienced anything like the coronavirus pandemic. and it remains uncertain when normality will return.
Zusammen mit SIX startet die SNB ein Projekt, das die Sicherheit der Netzwerkverbindungen...
Die Schweizerische Nationalbank (SNB) lanciert ein Projekt zur Verbesserung der Widerstandsfähigkeit...
Développé au sein de l’EPFZ, Secure Swiss Finance Network est le fruit d’une collaboration avec le groupe de services financiers SIX.
BERNA - La Banca nazionale svizzera (BNS) lancia un progetto per meglio proteggere il sistema di pagamento SIC...
In June 2020, Anapaya announced a project to develop a new secure communication network with the Swiss financial industry.
This new network is based on a novel networking technology, SCION, researched and developed at ETH Zurich in collaboration with Anapaya Systems.