11.09.2018

Bank of England Tests Response To Cyber Attack

On Friday 9th November 2018, the Bank of England, in partnership with industry and other UK financial authorities (HM Treasury and Financial Conduct Authority), will host a one-day exercise designed to test the financial sector’s resilience to a major cyber incident impacting the UK.

This exercise forms a vital part of the sector wide biennial process that seeks to ensure the industry is prepared for – and can respond effectively to – any major disruption stemming from a cyber Incident, protecting the financial system on which the public relies. The exercise will help authorities and firms identify improvements to our collective response arrangements, improving the resilience of the sector as a whole.

Source: Bank of England

Related articles

  1. Wall Street Confronts Cyber Threats

    The new unit will employ up to 400 high value, experienced and graduate level roles.

  2. Michael Corbat, chief executive of Citi, said partnering with fintechs is the future.

  3. Cyber-Criminals Target Wall Street

    An international search to appoint a successor is underway.

  4. Cybersecurity is Top of Mind for FinServ

    There are network connectivity issues relating to DDoS cybersecurity attacks.

  5. Cyber-Criminals Target Wall Street

    The New Zealand Exchange halted trading in its cash markets yesterday.