Bank of England offers free cybersecurity ‘war game’ to UK finance sector

Bank of England offers free cybersecurity ‘war game’ to UK finance sector

3 years ago
Anonymous $BH0TGXkyPe

https://techmonitor.ai/technology/cybersecurity/cyber-war-game

The Bank of England is offering free access to a cybersecurity ‘war game’ exercise to all UK-based financial services organisations. These exercises can help organisations benchmark their incident response procedures against their peers and expose areas for improvement. But some warn that they can be time consuming and, if they are too difficult, dispiriting for employees.

Every two years, the Bank of England co-ordinates a cybersecurity resilience test for the UK’s banking sector. Participating institutions must respond to a simulated cyberattack in order to test their incident response procedures. The last exercise, which was due to take place in November 2018, was postponed to allow banks to prepare for Brexit. A sector-wide cybersecurity stress test is planned for next year.