A US financial services information sharing organisation is to run a major exercise to test the ability of payment...
processors to respond to cyber attacks.
The FS-ISAC was set up in response to a 1998 Presidential security directive that mandated that the US public and private sectors share information on physical and cyber threats.
Participants will be expected to conduct a live response to each attack scenario and report back how well their procedures coped.
The exercise is aimed at enabling payment processors to evaluate their risk mitigation procedures and identify potential gaps in planning.
Responses will be anonymous, but will enable participants to learn best practices from others in the financial industry to improve incident response procedures, the FS-ISAC said on its website.