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News Forum - Thailand participates in exercise simulating cyber-attack on global financial system


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Thailand is one of 10 countries to participate in a simulation exercise that mimicked a cyber-attack on the global financial system. According to a Reuters report, the exercise was led by Israel, with the intention of building on cooperation between countries to mitigate potential damage to global markets and financial institutions. The exercise was named, “Collective Strength” and included officials from Thailand, the United States, the United Kingdom, the United Arab Emirates, Austria, Switzerland, Germany, Italy, and the Netherlands, as well as delegates from the International Monetary Fund, the World Bank, and Bank of International Settlements. According to the Reuters […]

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I like the idea. It should be done early and often. Of course, adversaries can learn how the global financial system responds, and can design attacks to circumvent countermeasures.

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