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

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.

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