The simulation featured several types of attacks that affected global foreign exchange and bond markets, liquidity, integrity of data and transactions between importers and exporters. Photo illustration: Shutterstock
The simulation featured several types of attacks that affected global foreign exchange and bond markets, liquidity, integrity of data and transactions between importers and exporters. Photo illustration: Shutterstock

IMF and 10 countries simulate cyberattack on global financial system

  • The aim of the Israel-led ‘war game’ is to minimise potential damage in such a scenario, such as market chaos or a run on banks
  • Global cooperation is being sought in wake of recent high-profile cyberattacks on large companies

Topic |   Cybersecurity
The simulation featured several types of attacks that affected global foreign exchange and bond markets, liquidity, integrity of data and transactions between importers and exporters. Photo illustration: Shutterstock
The simulation featured several types of attacks that affected global foreign exchange and bond markets, liquidity, integrity of data and transactions between importers and exporters. Photo illustration: Shutterstock
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