Bank of England to test finance sector's cyber security

Bank of England to test finance sector's cyber security

Day-long war gaming exercise will see how prepared the UK’s financial sector is to cyber attacks

On Friday the Bank of England (BoE) will host a day-long war gaming exercise designed to test the financial sector’s resilience to a major cyber incident.

The test will be conducted in partnership with industry and other UK financial authorities (HM Treasury and Financial Conduct Authority)and will involve up to 40 British firms. The aim is to see how prepared financial firms are to any major disruption and how well they respond.

The exercise is part of an annual event, hosted by BoE with input from the National Cyber Security Centre, that looks to shore up the industry and protect the financial systems on which the public relies.

By Bobby Hellard

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