{"id":4190,"date":"2018-11-09T08:40:23","date_gmt":"2018-11-09T08:40:23","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/top-banks-in-cyber-attack-war-game\/"},"modified":"2018-11-09T08:40:23","modified_gmt":"2018-11-09T08:40:23","slug":"top-banks-in-cyber-attack-war-game","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/top-banks-in-cyber-attack-war-game\/","title":{"rendered":"Top banks in cyber-attack &#8216;war game&#8217;"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape no-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"Cyber attack graphic\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/13539\/production\/_101216197_cyberget.jpg\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><\/p>\n<\/figure>\n<p class=\"story-body__introduction\">The Bank of England is testing the UK&#8217;s ability to withstand a major cyber-attack on financial institutions. <\/p>\n<p>Some 40 firms, including leading banks, are taking part in a one-day &#8220;war-gaming&#8221; exercise designed to assess their resilience.<\/p>\n<p>The Bank is conducting the exercise on Friday in partnership with regulators and the Treasury.<\/p>\n<p>It wants to ensure that firms are able to meet certain minimum recovery standards after a cyber-attack.<\/p>\n<p>&#8220;The exercise will help authorities and firms identify improvements to our collective response arrangements, improving the resilience of the sector as a whole,&#8221; the Bank said.<\/p>\n<ul class=\"story-body__unordered-list\">\n<li class=\"story-body__list-item\"><a href=\"https:\/\/www.bbc.co.uk\/news\/business-45952693\" class=\"story-body__link\">&#8216;A cyber-attack could stop the country&#8217;<\/a><\/li>\n<li class=\"story-body__list-item\"><a href=\"https:\/\/www.bbc.co.uk\/news\/world-europe-45747472\" class=\"story-body__link\">How the Dutch foiled Russian &#8216;cyber-attack&#8217;<\/a><\/li>\n<\/ul>\n<p>The Bank has expressed fears that disruption to one bank&#8217;s payments could have a direct impact on the economy, by preventing its customers from paying for goods and services. <\/p>\n<p>It could also cause a ripple effect which would spread to other banks.<\/p>\n<p>Robert Schifreen, a former hacker turned cyber-security expert, told the BBC&#8217;s Today programme that the exercise was welcome but unrealistic.<\/p>\n<p>&#8220;It&#8217;s going to be a nice Friday, everyone&#8217;s cleared their diary, everyone knows what&#8217;s going to happen, and it doesn&#8217;t normally happen like this,&#8221; he said.<\/p>\n<p>&#8220;When you get hacked, it&#8217;s probably going to be on a Sunday afternoon, half the people you need to contact are going to be away on holiday and haven&#8217;t told you what their contact numbers are, so it&#8217;s not realistic, but it&#8217;s great to see them doing something.&#8221;<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-46149667\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Getty Images The Bank of England is testing the UK&#8217;s ability to withstand a major cyber-attack on financial institutions. Some 40 firms, including leading banks, are taking part in a one-day &#8220;war-gaming&#8221; exercise designed to assess their resilience. The Bank is conducting the exercise on Friday in partnership with regulators and the Treasury. &hellip; <\/p>\n","protected":false},"author":0,"featured_media":4191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=4190"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/4191"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=4190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=4190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=4190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}