NEW YORK and LONDON (11/16/15)--The governments of the United States and United Kingdom conducted a joint exercise with leading global financial firms to test how the world's leading financial centers, New York and London, would cope if smacked with a cyberattack, reported Treasury Secretary Jacob J. Lew.
The table-top exercise was meant to test information-sharing capabilities, as well as the ability to communicate with the public and handle an incident.
"In our increasingly interconnected world, cyber criminals do not respect national borders and they target government, private industry and individual citizens alike," Lew said in a release. "Confronting the cyber threat is a team effort that requires coordination at all levels.
"Today's exercise with our U.K. partners is an important step to ensure that we are doing all we can to share threat information, adopt best practices and support our collective resiliency."
Chancellor of the Exchequer George Osborne added that the U.K. will continue to work with its U.S. partners to enhance cyber cooperation.
The test was announced early in 2015 by the White House and the U.K. prime minister. In addition to Treasury, U.S. participants included the White House National Security Council, Department of Homeland Security, FBI, Secret Service, the Federal Reserve and the Securities and Exchange Commission.