CSP-Assessor Exam Dumps - Customer Security Programme Assessor Certification(CSPAC)

SWIFT (Society for Worldwide Interbank Financial Telecommunication) is a global cooperative that provides a secure messaging network primarily for financial transactions. Its services are designed for entities involved in the financial ecosystem, and access is restricted to members or participants who meet SWIFT’s membership criteria. Let’s evaluate each option:

•Option A: Financial institutions, such as banks and securities broker-dealers

This is correct. SWIFT’s core users are financial institutions, including banks, broker-dealers, and other entities regulated under financial authorities. These institutions are direct members of SWIFT or connect through correspondent banking relationships. The SWIFT Customer Security Programme (CSP) and CSCF are tailored to secure the messaging environment for these entities, with controls like "1.1 SWIFT Environment Protection" designed to safeguard their operations. Membership requires adherence to SWIFT’s security standards, and these institutions use SWIFTNet for payments, securities, trade, and treasury services.

•Option B: Individuals who use online banking for international transfers

This is incorrect. Individuals, including those using online banking for international transfers, do not connect directly to SWIFT. Instead, they rely on their banks or financial service providers, which act as intermediaries using SWIFT’s network. SWIFT is a business-to-business (B2B) network, not a consumer-facing platform. The CSCF does not address individual users; its focus is on institutional security controls, such as those protecting the SWIFT secure zone.

•Option C: Market infrastructures that provide financial institutions with centralized transaction processing

This is correct. Market infrastructures, such as clearinghouses, central securities depositories (CSDs), and payment systems (e.g., TARGET2 or CHAPS), are eligible to connect to SWIFT. These entities facilitate centralized transaction processing for financial institutions and are part of the broader financial ecosystem. SWIFT documentation recognizes their role, and they are subject to the same security requirements under the CSP. For example, CSCF Control "1.2 Physical Security" applies to these infrastructures when they host SWIFT-related components.

•Option D: Corporates that work with multiple banking partners

This is correct. Corporates, especially large multinational corporations with complex financial operations, can connect to SWIFT through SWIFT’s corporate connectivity options, such as Alliance Lite2 or SWIFT for Corporates. These services allow corporates to send and receive payment instructions directly via SWIFTNet, bypassing some intermediary steps with banks. This capability is outlined in SWIFT’s corporate access documentation, and such entities must comply with CSP security controls when integrating with the SWIFT network. The CSCF extends to these participants, ensuring their environments are secure (e.g., Control "6.1 Security Awareness").

Summary of Correct Answers:

Financial institutions (A), market infrastructures (C), and corporates with multiple banking partners (D) can connect to SWIFT, either as direct members or through specific connectivity options. Individuals (B) do not have direct access.

References to SWIFT Customer Security Programme Documents:

•SWIFT Customer Security Controls Framework (CSCF) v2024: Applies to all SWIFT users, including financial institutions, market infrastructures, and corporates, with security controls tailored to their environments (Controls 1.1, 6.1).

•SWIFT Membership Guidelines: Outlines eligibility for financial institutions, market infrastructures, and corporates, excluding individuals.

•SWIFT for Corporates Documentation: Details corporate connectivity options like Alliance Lite2.

This question pertains to the Alliance Web Platform (AWP) Single Edition (SE) Administrator’s capabilities:

Step 1: AWP SE Overview

AWP SE is a web-based interface for managing SWIFT services (e.g., Alliance Lite2, monitoring tools). It’s primarily GUI-driven, unlike Alliance Access, which supports command-line operations.

This question addresses the obligations of Swift users regarding the submission of assessment-related documents to Swift under the Customer Security Programme (CSP).

Step 1: Understand CSP Assessment Submission Requirements

TheSwift Customer Security Controls Framework (CSCF) v2024and theIndependent Assessment Frameworkoutline the process for CSP assessments, including what must be submitted to Swift. The focus is on ensuring compliance through attestation, with specific deliverables defined.

Step 2: Evaluate Each Option

A. Yes, all documents produced from the assessment must be provided proactively to SwiftThis is incorrect. TheIndependent Assessment Frameworkdoes not require proactive submission of all assessment documents (e.g., detailed reports, working papers). Only the completion letter and attestation are typically submitted unless otherwise requested by Swift.Conclusion: Incorrect.

B. No, it is not required to provide Swift with any documents by default. However, Swift can request a copy of the Assessment completion letterTheCSCF v2024andIndependent Assessment Frameworkstate that users are not required to proactively submit the full assessment report or other documents. However, Swift retains the right to request the completion letter (certifying assessment completion) or additional evidence during quality assurance reviews. This aligns with theSwift CSP Compliance Guidelines.Conclusion: Correct.

C. Yes, a copy of (only) the assessment report must be provided to Swift, no other documentsThis is incorrect. The full assessment report is not mandated for proactive submission; only the completion letter is typically required unless requested. TheIndependent Assessment Frameworkemphasizes the completion letter as the key deliverable.Conclusion: Incorrect.

D. Yes, in cases where a customer performs an Independent assessment rather than an audit then a copy of the assessment report must be provided. However, it is not required for the Swift user to provide any forms when an Internal/External Audit is performedThis is partially misleading. TheIndependent Assessment Frameworkdoes not distinguish between independent assessments and audits in terms of mandatory report submission. For both, the completion letter is the default submission, with reports requested only if needed. The differentiation based on assessment type is not supported byCSCF v2024guidelines.Conclusion: Incorrect.

Step 3: Conclusion and Verification

The correct answer isB, as theCSCF v2024andIndependent Assessment Frameworkdo not require proactive submission of the full assessment report, but Swift can request the completion letter as part of its oversight process.

References

Swift Customer Security Controls Framework (CSCF) v2024, Section: Independent Assessment Requirements.

Swift Independent Assessment Framework, Section: Deliverables and Submission.

Swift CSP Compliance Guidelines, Section: Document Submission Rules.

This question determines the scope of the CSCF for a Treasury Management System (TMS) and an MQ server (customer connector) installed on the same machine.

Step 1: Understand CSCF Scope

TheCSCF v2024defines its scope as systems directly involved in Swift messaging, connectivity, or security (e.g., customer connectors, messaging interfaces), as perControl 1.1: Swift Environment Protection. Back-office systems, like TMS, are typically out of scope unless they directly process Swift messages.

Step 2: Analyze the Scenario

TMS Application: A Treasury Management System is a back-office application for financial management, not a Swift messaging component. TheCSCF v2024excludes back-office systems from mandatory scope unless they pose a direct risk to Swift components.

MQ Server (Customer Connector): This middleware server connects to a Service Bureau, facilitating Swift traffic, making it in scope perControl 1.1.

Hosting System: The machine hosting both applications is in scope only to the extent it supports the MQ server, not the TMS.

Step 3: Evaluate Each Option

A. The TMS application, the MQ server and hosting system are in the scope of the CSCF and must be placed in a secure zoneIncorrect. The TMS is out of scope, and the hosting system’s inclusion depends on the MQ server, not the TMS.Conclusion: Incorrect.

B. The TMS application, the MQ server and hosting system enters the scope of the CSCF advisory and should be placed in a secure zoneIncorrect. The CSCF advisory scope applies to best practices, not mandatory controls, and does not mandate a secure zone for out-of-scope TMS.Conclusion: Incorrect.

C. Only the MQ server application is in scope of the CSCF. The TMS application is considered as back-officeCorrect. The MQ server is a customer connector, in scope perControl 1.1, while the TMS is a back-office system, excluded from mandatory scope per theCSCF v2024Introduction.Conclusion: Correct.

D. The TMS application is the highest risk and must be secured appropriately. The MQ server should be secured on a best effort basisIncorrect. The MQ server, as a Swift component, has higher CSCF priority, while TMS risk is managed outside CSCF scope.Conclusion: Incorrect.

Step 4: Conclusion and Verification

The correct answer isC, as only the MQ server is in scope, and the TMS is a back-office system excluded from CSCF requirements.

References

Swift Customer Security Controls Framework (CSCF) v2024, Control 1.1: Swift Environment Protection, Introduction Section: Scope.

Swift CSP FAQ, Section: Back-Office Systems.

This question concerns the deliverables following a CSP assessment, specifically whether a completion letter is mandated alongside a detailed assessment report.

Step 1: Understand CSP Assessment Deliverables

The Swift Customer Security Programme (CSP) requires an independent assessment to validate compliance with theCustomer Security Controls Framework (CSCF) v2024. TheIndependent Assessment Frameworkoutlines the process and deliverables, including the submission of assessment reports and related documentation to Swift.

Step 2: Analyze the Requirement for a Completion Letter

TheIndependent Assessment Frameworkmandates that, following an assessment, the assessor provides a detailed report to the Swift user, documenting the findings, control effectiveness, and any remediation actions.

Additionally, Swift requires acompletion letterto confirm that the assessment has been conducted in accordance with CSP guidelines. This letter, typically signed by the assessor or the user’s authorized representative, certifies the completion of the assessment and is submitted to Swift as part of the attestation process. This is detailed in theSwift CSP Compliance Guidelinesand theIndependent Assessment Framework, which specify that both the report and the completion letter are required for formal submission.

The completion letter serves as an official acknowledgment that the assessment meets Swift’s quality and procedural standards, complementing the detailed report.

Step 3: Conclusion and Verification

The answer isA, as theCSCF v2024andIndependent Assessment Frameworkmandate that a completion letter must be supplied alongside the detailed assessment report to fulfill Swift’s compliance requirements.

References

Swift Customer Security Controls Framework (CSCF) v2024, Section: Independent Assessment Requirements.

Swift Independent Assessment Framework, Section: Deliverables and Attestation.

Swift CSP Compliance Guidelines, Section: Assessment Submission Process.

The diagram shows a SWIFT user environment with an outsourcing agent and next service provider(s). Components are labeled as follows:

•A: Middleware connector (customer connector) - Part of the SWIFT user premises.

•B: Operator GUI - Part of the SWIFT user premises, used for operator interaction.

•C: SWIFT-related application, Admin users, client - Part of the outsourcing agent’s environment.

•D: Connectors or interfaces - Part of the outsourcing agent’s environment, connecting to SWIFT.

•E: Application PC, Admin PC - Part of the outsourcing agent’s environment.

•Next Service Provider(s), SWIFT, SWIFT network - External entities.

CSCF Control "1.1 SWIFT Environment Protection" requires that all SWIFT-related components handling sensitive data or connectivity within the user’s control be placed in a secure zone. The "Outsourcing Agents - Security Requirements Baseline v2025" extends this to components managed by outsourcing agents. Let’s analyze:

•SWIFT User premises (A, B): The middleware connector (A) must be in a secure zone as it handles SWIFT data. The Operator GUI (B) is typically outside the secure zone unless it directly processes SWIFT data, but best practice includes securing it.

•Outsourcing Agent(s) (C, D, E): The SWIFT-related application and connectors/interfaces (C, D) must be in a secure zone, as they process SWIFT transactions. Application/Admin PCs (E) are support systems and may not require secure zone placement unless directly involved.

•External entities (Next Service Provider(s), SWIFT, SWIFT network): These are out of the user’s control and not placed in the user’s secure zone.

The question asks for components in the SWIFT user premises and outsourcing agent environment. Per CSCF, the secure zone includes:

•A (Middleware connector): Must be in the secure zone.

•C (SWIFT-related application): Must be in the secure zone (outsourcing agent’s responsibility).

•D (Connectors/interfaces): Must be in the secure zone (outsourcing agent’s responsibility).

•B (Operator GUI) and E (Application/Admin PCs): Typically outside unless integrated into the secure zone.

Option D (Components A, C, D) aligns with the mandatory secure zone components (middleware connector, SWIFT application, and connectors/interfaces), excluding non-essential support systems.

Summary of Correct Answer:

Components A, C, and D must be placed in a secure zone (D).

References to SWIFT Customer Security Programme Documents:

•Swift Customer Security Controls Framework v2025: Control 1.1 defines secure zone requirements.

•Outsourcing Agents - Security Requirements Baseline v2025: Extends secure zone to outsourced components.

•CSP_controls_matrix_and_high_test_plan_2025: Specifies secure zone placement.

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This question addresses the terminology related to VPN boxes in the Swift environment and their association with managed-customer premises equipment (M-CPE). Let’s verify this based on Swift CSP documentation.

Step 1: Understand VPN Boxes and M-CPE in Swift Context

In the Swift ecosystem, VPN boxes are typically part of the connectivity infrastructure used to establish secure tunnels (e.g., Network Transport Layer Security - NTLS) for communication with the Swift network. The term "managed-customer premises equipment (M-CPE)" generally refers to hardware or devices managed by a service provider or third party on the customer’s premises, often in telecommunications or IT contexts. TheSwift Customer Security Controls Framework (CSCF) v2024and related technical documentation provide insights into Swift’s infrastructure terminology.

Step 2: Analyze the Statement

The statement claims that the "cluster of VPN boxes is also called managed-customer premises equipment (M-CPE)." We need to determine if this is an official or recognized designation within the Swift CSP.

Step 3: Evaluate Against Swift CSP Guidelines

TheSwift Alliance Gateway Technical DocumentationandSwift Security Best Practicesdescribe VPN boxes (or similar connectivity devices) as part of the SwiftNet Link (SNL) infrastructure, often deployed at the user’s premises to secure communications. These devices are typically managed by the Swift user or a designated service provider, depending on the architecture (e.g., A2 or A4).

The term "M-CPE" is not specifically defined or used in Swift CSP documentation (e.g.,CSCF v2024,Swift User Handbook, orSwift Network Security Guidelines). Instead, Swift refers to such equipment as part of the "customer premises equipment (CPE)" when managed by the user, or as "managed services" when outsourced to a provider. However, "M-CPE" as a specific term for a cluster of VPN boxes is not corroborated.

In some IT contexts outside Swift, M-CPE might imply managed equipment, but Swift’s documentation does not adopt this terminology for VPN clusters, which are considered part of the broader connectivity infrastructure.

Step 4: Conclusion and Verification

The statement isFALSEbecause theCSCF v2024and related Swift documentation do not use "managed-customer premises equipment (M-CPE)" as a term for a cluster of VPN boxes. The correct terminology aligns with "customer premises equipment" or "managed connectivity devices," depending on the setup, but not specifically M-CPE.

References

Swift Customer Security Controls Framework (CSCF) v2024, Control 1.1: Swift Environment Protection.

Swift Alliance Gateway Technical Documentation, Section: Connectivity Infrastructure.

Swift Security Best Practices, Section: Network Security Devices.

The "Independent Assessment Framework" and "Independent Assessment Process for Assessors Guidelines" require that the CSP assessment be conducted by an independent, certified assessor, with the resulting "CSCF Assessment Completion Letter" being a key deliverable. Let’s evaluate each option:

•Option A: The Internal audit lead assessor and the external company lead assessor

This is incorrect. The CSP prohibits reliance on internal audits for the completion letter due to the independence requirement. Only the external assessor’s letter is valid, as per the "Independent Assessment Framework."

•Option B: The Internal audit lead assessor only

This is incorrect. Internal audits lack the independence needed to issue the completion letter, which must come from an external assessor.

•Option C: The External company lead assessor only

This is correct. The "Independent Assessment Process for Assessors Guidelines" mandates that the completion letter be provided by the lead assessor from the external assessment company, as they are the independent entity conducting the assessment. The internal audit’s involvement is supplementary and cannot replace the external assessor’s responsibility.

•Option D: None of them, it is not required when an internal department was involved in the assessment

This is incorrect. A completion letter is always required, and internal involvement does not waive this requirement; it must be issued by the external assessor.

Summary of Correct Answer:

Only the external company lead assessor needs to provide the completion letter (C).

References to SWIFT Customer Security Programme Documents:

•Independent Assessment Framework: Requires an independent assessor’s completion letter.

•Independent Assessment Process for Assessors Guidelines: Specifies external assessor responsibility.

•CSCF Assessment Completion Letter: Issued by the external assessor.

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