Posted September 2, 2015In 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