MIP news

UNITAS crisis communication exercise report

14 December 2018

In the summer of 2018 a market-wide crisis communication exercise was carried out. The exercise was conducted in the form of a facilitated discussion around a hypothetical scenario based on a cyber attack on major euro area financial market infrastructures, market infrastructures and service providers resulting in a loss of data integrity.

Overall, the objectives of the exercise were met. Participants acknowledged that the sharing of various forms of information, such as threat intelligence, incident data and even participant data, at the European level could be improved to enable swift recovery from an incident affecting the integrity of data. Read the full report here.