FS-ISAC Leads Financial Sector in Live-Fire Cyber Exercise Locked Shields
Locked Shields involves a complex and cascading set of cyber attacks on a fictional country, with impacts ranging from military and government to critical infrastructure such as energy, telecommunications, shipping, and financial services.
- Locked Shields involves a complex and cascading set of cyber attacks on a fictional country, with impacts ranging from military and government to critical infrastructure such as energy, telecommunications, shipping, and financial services.
- FS-ISAC designed the 2023 financial sector scenario in the strategic exercise, which simulates real life payments system outages by a central bank and the cascading impacts on the financial system.
- Cyber threats to critical infrastructure systems, including financial systems, have become a reality of modern warfare, and Locked Shields has worked since 2010 to facilitate systematic, multi-sector, public-private cyber defense cooperation and coordination in anticipation of these threats from nation-states.
- “Exercises like Locked Shields strengthen the resilience of the global financial sector and encourage collaboration and coordination across all critical infrastructure and public sectors,” said Steven Silberstein, CEO, FS-ISAC.