NATO has conducted its first wargame exercise that includes cyber risk. Per the Wall Street Journal, the wargame “ includes scenarios exploring how widespread attacks on a fictional nation’s infrastructure might strike at activities critical to keeping the global financial system functioning, such as payments and settlement operations.”
The key difference is the inclusion of how banks and other financial institutions might respond to a physical and cyber conflict.
Why do we care?
When NATO first changed their definition of conflict to include cyber, I would cite that as a change in perception of security. This is one more step. Factoring in the impact of cyber incursions and attacks on civilian infrastructure is just continuing that.
Take your tip from NATO – include cyber in all of your business planning, particularly ensuring continuity planning.
