Well maybe . . . Rambeau created S.W.O.R.D., but I don't think we've been told WHEN she created it, sometimes between the events of Captain Marvel and before the "blip". The Monica Rambeau we leave in Captain Marvel wasn't highly placed in government circles . . . yet.
Various information online sources I just looked at place the MCU start of SWORD as 1995 - perhaps they put it there as "right after the events of Captain Marvel". Consider it an approximation or non-canon. I think the idea that it was before SHIELD gets wiped is sufficient to note that it probably isn't safe from Hydra.
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