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Bank of England and US authorities to simulate cyber-attack

Posted on November 1, 2015 by Dissent

Nothing could possibly go wrong, right?

Tim Wallace reports:

The biggest banks in the UK and US will face a simulated major cyber-attack from the Bank of England and its US counterparts this month, as officials probe the industry’s ability to withstand assaults from hackers looking to steal data or cripple the financial sector.

The simulation, dubbed Operation Resilient Shield, is the most sophisticated test of communications and co-ordination yet, following the Waking Shark series of trials run in recent years.

Read more on The Telegraph.

 

Category: Commentaries and AnalysesFinancial SectorOf Note

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