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Danish FSA first to perform cyber ​​stress testing for financial companies

Logo of the Danish Financial Supervisory Authority (Finanstilsynet).
Photo: Ole Jensen/Getty Images

Finanstilsynet has developed and tested a new methodology to investigate and strengthen the financial sector’s ability to manage extensive, long-term ICT disruptions.

Finanstilsynet, the financial supervisory authority (FSA) in Denmark, is the first FSA in the EU to have developed and implemented a cyber stress test to assess companies’ ability to handle extensive IT breakdowns.

The test was performed with seven companies, Danske BankJyske BankNykreditSydbank and the data centers