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Quantum Dawn 2 will test Wall Street's cyber readiness


From: InfoSec News <alerts () infosecnews org>
Date: Thu, 18 Jul 2013 07:45:39 +0000 (UTC)

https://www.computerworld.com/s/article/9240859/Quantum_Dawn_2_will_test_Wall_Street_s_cyber_readiness

By Jaikumar Vijayan
Computerworld
July 17, 2013

Starting at around 8.30 a.m. ET Thursday and continuing through Friday morning, dozens of major Wall Street firms will come under a series of massive cyberattacks aimed at crippling financial services networks around the country.

Fortunately for the firms -- and their customers -- the attacks will simply be a drill, codenamed Quantum Dawn 2. The effort is designed to test cyber incident response and coordination capabilities within the U.S. financial services sector.

The exercise, being coordinated by the Securities Industry and Financial Markets Association (SIFMA), will involve about 50 organizations, including large financial firms, exchanges, the U.S. Treasury Department, the Department of Homeland Security and the FBI.

Incident response teams from each organization will work from their facilities to respond to the simulated attacks and mitigate them in a coordinated fashion, according to a SIFMA spokeswoman. Participants in the exercise only know that the drill is being carried out, but have not been briefed on any specifics.

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