skip to content
Large-scale cyber-attacks on the financial system : a case for better coordinated response and recovery strategies Preview this item
ClosePreview this item
Checking...

Large-scale cyber-attacks on the financial system : a case for better coordinated response and recovery strategies

Author: Depository Trust & Clearing Corporation.; Oliver Wyman.
Publisher: [New York] : The Depository Trust & Clearing Corporation, 2018.
Edition/Format:   eBook : English
Summary:
"The white paper cites a need for additional efforts around specific cybers cenarios and limited industry-wide testing as two key factors that could complicate the ability of banks and other financial institutions to react quickly to an attack. The paper, which features extensive research and interviews with over 50 subject matter experts including financial services and non-financial services practitioners,  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Document Type: Book
All Authors / Contributors: Depository Trust & Clearing Corporation.; Oliver Wyman.
OCLC Number: 1031396144
Notes: "March 2018."
Description: 1 online resource (20 pages)
Responsibility: the Depository Trust & Clearing Corporation (DTCC) and Oliver Wyman.

Abstract:

"The white paper cites a need for additional efforts around specific cybers cenarios and limited industry-wide testing as two key factors that could complicate the ability of banks and other financial institutions to react quickly to an attack. The paper, which features extensive research and interviews with over 50 subject matter experts including financial services and non-financial services practitioners, recommends increased coordination across the industry, the development and implementation of standards to facilitate effective response and recovery and adherence to regulatory principles. Two key initiatives are suggested: i) Developing a collective response & recovery plan, outlining key response and recovery requirements: The industry currently lacks standards around key considerations, including the definition of resumption and recovery; the criteria for safe resumption of operations; the appropriate time frames for resumption and recovery; and plans for communicating with the public during a large-scale cyber-attack.; ii) Establishing contingent service arrangements: Given the complexity and broad scope of large-scale cyber-attacks, no single entity has all the required capabilities to address every possible attack and vulnerability."--Extracted from Introduction.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.