The Securities Industry and Financial Markets Association (SIFMA) is set to kick off a massive coordinated cyberattack involving about 50 large institutions, including top banks and government agencies.
The Securities Industry and Financial Markets Association (SIFMA), a trade group, will coordinate cybersecurity exercise to test incident response, resolution and coordination processes for the financial services sector and the individual member firms to a street-wide cyber attack.
Institution participants doubled
The activity is code named ‘Quantum Dawn 2’ and will be performed today.
According to SIFMA, the number of institutions evincing interest in participating ‘Quantum...
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