Thursday, January 07, 2010

Do You Want to Participate in the Cyberattack Against Payment Processes (CAPP) Emergency Drill in February, 2010?

If you do want to participate in this free drill, then Financial Services Information Sharing and Analysis Center (FS-ISAC) wants to hear from you especially if you work in the financial industry.

I am not too fond of this FS-ISAC organization's pyramid all-seeing eye logo, so I will NOT be participating in this drill. Nevertheless, the drill will held February 9-11, 2010. Further details are included below.

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Are You Ready?

Bad news travels fast. When it comes to cyber security threats against financial services firms and industry partners, that adage has never been more accurate. When attacks occur, early warning and expert advice can mean the difference between business continuity and widespread business catastrophe.

FS-ISAC in conjunction with a variety of industry partners is testing their members' emergency response, notification, and communication procedures in response to a number of different types of cyber attacks against payment processes. The three-day exercise will simulate a different attack scenario each day. Detailed result collection is kept confidential.

By participating in this industry-wide exercise, your organization can:

  • Evaluate your current risk mitigation procedures related to cyber attacks and identify potential critical gaps in planning
  • Engage in a live test of your team's ability to respond to major cyber attack incidents
  • Raise awareness and educate your staff regarding procedures to respond to cyber threats
  • Learn best practices from other industry participants for improvements to cyber incident response procedures
  • Develop appropriate risk mitigation recommendations in response to the cyber attacks used in this exercise
  • Receive an after-action report highlighting lessons learned from the exercise and category benchmark results

Industry Participants:

  • Financial Institutions
  • Card Processors
  • Third Party Service Providers
  • Retailers
  • Corporate Treasurers
  • Government Entities

Registration Deadline: January 29, 2010
Exercise Dates: February 9 - 11, 2010
No Cost To Participate

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