Cybersecurity
Global Payment Firms Hold First Cyber War Game
- Results show variation in defining crisis, engaging government
- Firms look for systemic way to share future threat information
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Global payment companies held their first joint cybersecurity war games to test their systems’ readiness for simultaneous attacks, uncovering differences in their defenses including even how to define a crisis.
JPMorgan Chase & Co., Mastercard Inc., WorldPay Inc. and Fidelity National Information Services Inc. were among the 18 payment processors from the U.S. and the U.K. that took part in the exercises, which were held Friday at IBM’s test center in Cambridge, Massachusetts. Some of the findings, which will be disclosed at a conference in Atlanta Wednesday, were shared with Bloomberg News in advance.