RISK: U.S. and UK to test how regulators react to a cyber attack in the financial sector

The exact date and scenarios have not been set

Later in November, the U.S. and the UK will test how its regulators would react if their financial sectors suffered a major cyber attack.

“It is testing how we would react to ‘x’ scenario, how would our colleagues in the U.S. react to the same, (and) how would we then coordinate communications with each other, to the sector and within the sector,” a spokesman for British government cyber-security body CERT-UK said.

The exact date and scenarios have not been set.

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