The G7 reaffirms its commitment to strengthening the capabilities of the financial sector to respond to large-scale cyber incidents

25 November 2020

The G7 Finance Ministers and Central Bank Governors have recently approved the publication of the 'G7 Fundamental Elements of Cyber Exercise Programmes', which lays down a set of high-level principles to provide public and private financial entities with a guide on how to develop and execute multi-annual cyber exercise programmes.

The document aims to improve the G7's capacity to carry out joint exercises based on large-scale cyber incident scenarios and to promote the adoption of these clear and effective exercise practices by single entities and other non-G7 jurisdictions, in order to strengthen the international financial system as a whole.

Annexes