A recent webinar highlighted the potential of Ripple (XRP) as a secure financial messaging solution, sparking discussions about SWIFT’s vulnerabilities following recent incidents. Crypto researcher SMQKE drew attention to this event, specifically referencing the 2016 Bangladesh Bank Heist and its impact on SWIFT’s security. The case showcases how internal vulnerabilities in member institutions can expose the network to attacks, leaving funds vulnerable to theft and laundering. This sparked a conversation about whether Ripple offers a more secure alternative, particularly as blockchain-based solutions gain traction. Experts are exploring how these technologies could mitigate risks of credential theft and misconfigured security settings in global finance. The webinar underscores the growing interest in blockchain technologies for enhancing financial security and potentially replacing traditional systems like SWIFT.