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Bank of England Cyber War Games - comments from Webroot and Arbor Networks
November 2015 by Webroot and Arbor Networks
Following the news that the Bank of England will be holding its cyber war games this week to test the how well they stand up to hackers, please find below two comments from Arbor Networks and Webroot.
David Kennerley, senior manager for threat research at Webroot:
“In light of recent high-profile cyberattacks, including last month’s TalkTalk breach, it’s vital that organisations think ‘outside the box’ in order to shore up defences. Financial organisations are prime targets because of the value of the data they hold. These ‘cyber war games’ will provide financial institutions across London the opportunity to evaluate their ability to anticipate an attack and develop the comprehensive cyber warfare protection they need.
This simulation is set to be the most sophisticated ever undertaken and will give the industry the checks it needs to test the protection and the processes it has in place. Applying gaming principals to security problems is a great way to improve security knowledge across companies through real engagement. The bottom line is that the more you practice and prepare for an attack, the better you will respond when encountering the real thing.”
Richard Brown, Director EMEA Channels & Alliances, Arbor Networks
“The financial services industry is a critical part of the UK economy and has always been a lucrative target for attackers because of the sheer value of the data held within it – after cloud and hosting providers, financial services are the most common target for DDoS attacks. The recent attack on TalkTalk, with a 15 year old being arrested on suspicion of carrying out the attacks, shows just how far large organisations need to come to protect themselves, and their customers.
