All you gamers out there form an orderly queue!
The Sunday Times reports that the Bank of England is to hold a "war game" next week to test the defences of the world's largest financial institutions against a cyber attack.
"Resilient Shield" will simulate a hack on computers that underpin the global financial system. The aim is to assess whether the networks used by banks can withstand a concerted attempt by hackers to breach their security.
The Bank has become increasingly concerned over the broader repercussions of a cyber attack on the banking system. In July it warned that such breaches could "disrupt the financial sector's operational capacity to provide critical services to the economy".
The war game will test whether cash machines and electronic payment systems would be able to continue operating during a heavy cyber attack.
All major global institutions in London will participate and the US Fed will observe results via teleconference
Full (gated) article here
Game on! Talking of which congrats to the All Blacks on a fine achievement yesterday. Happy times for our Kiwi readers and reasons to be cheerful moving forward for our Aussie followers .
And the less said the better about another disappointing draw for the mighty Shrimpers!
Enjoy the rest of your week-end one and all
BOE set to play some War Games of its own this week
