Cyber attack ‘war game’ to test London banks

(Reuters) – Thousands of staff across dozens of London’s financial firms will be put through a “war game” scenario on Tuesday to test how well they can handle a major cyber attack.

In one of the largest exercises of its kind in the world, the test dubbed “Waking Shark II” will bombard firms with a series of announcements and scenarios, such as a major attack on computer systems hitting stock exchanges and unfolding on social media.

It will be co-ordinated from a single room housing regulators, government officials and staff from banks and other financial firms, people familiar with the matter said.

Hundreds more people are expected to be involved from their own offices as the exercise plays out, they said.

There will be a particular focus on investment banking operations, one of the sources said.

Full article: Cyber attack ‘war game’ to test London banks (Reuters)

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