Perspectives

Quantum Dawn 2

Simulation to exercise cyber resilience and crisis management capabilities

What happens when the financial services industry gathers to test its cyberattack preparedness?

Report on the findings of cyber attack exercise

A​ number of high-profile media reports have called attention to the growing threat of cyberattacks, which often have little forewarning and can happen rapidly or over a period of time, requiring the financial services industry to be vigilant and ready to respond.

On July 18, 2013, the industry set out to exercise its capabilities to respond to a wide-scale cyberattack. The Quantum Dawn 2 cyber-exercise, hosted by the Securities Industry and Financial Markets Association (SIFMA), represented the next step in the continuing effort by the sector to improve its ability to coordinate and respond to a systemic cyber-attack.

This high-level report provides a view of the exercise’s objectives, its cyberattack scenario, results, and lessons learned.

Meet the authors

Ed Powers

Ed Powers

U.S. Managing Principal, Cyber Risk Services

Ed leads Deloitte & Touche LLP’s Secure.Vigilant.R...More

Scott Baret

Scott Baret

US Partner & Global ERS Leader, Financial Services

I am the global Enterprise Risk Services (ERS) lea...More

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Kenny M. Smith

Vice Chairman | Banking & Securities Sector Leader