Bank of England hosts bankers to fight cyber war at City's Plaisterers' Hall

The Plaisters' Hall played host yesterday to a number of senior bankers and Bank of England and Treasury officials in a simulated cyber war to see how the banking elite would cope in the event of a massive attack.

The City of London
The City of London

The cyber wargame, which was organised by the Bank of England and designed by a team from Credit Suisse, was called Waking Shark II and challenged participants to deal with a mock-up of a cyber attack as if it were happening in real-time.

Representatives from organisations including Barclays, Bank of America, Goldman Sachs, HSBC, London Stock Exchange and Royal Bank of Scotland are understood to have taken part in the exercise.

The event was overseen by officials from the Bank of England, the Treasury and Financial Conduct Authority.

The test took place in a single room of The Plaisterers' Hall, with people from various organisations interacting as the scenario unfolded.

The Bank of England said it would publish the results of the war game early next year.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
Helicopters over Hawai'i - the best venues, hotels and activities

Helicopters over Hawai'i - the best venues, hotels and activities

A six-day account of aerial adventures across Kaua'i, O'ahu and Hawai'i in A Diary of a Delegate.

TRO appoints two experiential specialists

TRO appoints two experiential specialists

Agency welcomes Sulmaan Ahmad as head of strategy and Simon Patel as creative director.

'Push the boundaries - if someone says something can't be done, I'll find a solution'

'Push the boundaries - if someone says something can't be done, I'll find a solution'

A-List 2019: Matt Culverhouse, chief executive of TEN6 Creative.

In pictures: IMEX 2019

In pictures: IMEX 2019

The annual industry gathering took place from 21-23 May at Messe Frankfurt in Germany.

TEN6 Creative brings in new client services director

TEN6 Creative brings in new client services director

Oliver Morgan joins agency after 10 years with Gold Key Media and will be 'instrumental' to continued growth.

'To hear Michelle Obama say we'd done a great job and get a hug was incredible'

'To hear Michelle Obama say we'd done a great job and get a hug was incredible'

A-List 2019: Kylie Davies, account director & general manager, emc3.

Behind the glitz at award ceremonies

Behind the glitz at award ceremonies

UKSV's Neil Coombes takes us through the planning and setup process for the AA Hospitality Awards

First New York location for etc.venues

First New York location for etc.venues

Venue specialist also adds Chancery Lane location to its London portfolio, with both to open later this year.

Case study: Lenovo Connect

Case study: Lenovo Connect

The technology giant's two-day event for 450 guests took place in London, organised by Jack Morton Worldwide.

Two new recruits for Sleek Events

Two new recruits for Sleek Events

Agency also plans fundraising sports day this summer for its new charity partner Meeting Needs.

LATEST JOBS