January 22, 2024

ACH Operational Resilience Exercise

In October, Nacha and the Global Resilience Federation (GRF) published a joint paper titled “Enhancing Operational Resilience for ACH Network Participants.” Now GRF, in consultation with Nacha, has developed a free tabletop exercise in which organizations can assess resilience in light of measures described in the paper. 

Join Global Resilience Federation on March 19 or April 17 for a free tabletop exercise to assess your organization’s resilience after a simulated destructive wiperware incident that includes a major ACH outage. In addition to IT, operations, and risk management areas of focus, exercise components will address media management, law enforcement and regulatory engagement, and an examination of an organization’s prioritizations. The half-day event will strengthen the ACH community through highlighting risk, resilience, and continuity practices.

Exercise players will triage operations and recovery actions based on a cyber risk control framework, incident response, evaluation of critical business services, service delivery, data recovery/restoration and communications plans, among other actions. The exercise is designed for resilience practitioners from commercial banks, credit unions, and core systems processors. Institutions may also bring observers to watch segments of the exercise as it unfolds. Attendance is anonymous.

Choose either Tuesday, March 19 or Wednesday, April 17, 2024, from 12 p.m. to 4:30 p.m. ET.

Learn more and register at  https://www.grf.org/operational-resilience-framework-community-tabletop-exercise-series.