BoE carries out one-day cyber resilience exercise for financial sector

Industry News | 08/11/18

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