In October, FS-ISAC and the Payments Risk Council are conducting a two-day, table-top exercise that simulates an attack on payment processes. This annual exercise will help internally assess financial institution’s readiness in the event of a cyber attack. Cyber attacks and pervasive vulnerabilities are reality of cyber risk. Participating in threat simulations is a best practice for cybersecurity management.
The reality is that security breaches, system compromises, and countless other cybersecurity issues are common and can be severe. CAPP is a confidential exercise that allows you to practice mobilizing quickly, working under pressure, critically assessing rapidly changing information to defend against attack.
This respected model helps to:
Identify gaps in incident response plans
Strengthen incident response team relationships
Build understanding of system vulnerabilities
Drive exploration of improvements in response
For more information, background and questions and answers please visit: https://www.nacha.org/events/cyber-attack-against-payment-processes-exercise