By Jim Bulling and Michelle Chasser
The US and UK are set to launch Operation Resilient Shield later this month. Operation Resilient Shield is a cybersecurity exercise to test each country’s readiness to withstand a serious attack designed to steal financial information and disrupt financial systems. Banks and government agencies in both countries will be involved.
As with the UK’s previous large scale cybersecurity exercise in 2013, Operation Waking Shark II, not a lot of detail about the operation has been released. The UK Computer Emergency Response Team (CERT) will be overseeing the operation and is thought to be focusing on communication between the two governments and the participating banks as well as amongst the participating banks themselves.
The joint UK US operation was originally announced in January 2015 by UK Prime Minister David Cameron and US President Barack Obama as part of an agreement between the two countries to develop cybersecurity cooperation principles.