The exercise was called “Collective Strength” and took place at the beginning of December. The global “war game” included treasury personnel from 10 countries — Israel, United States, United Kingdom, United Arab Emirates, Austria, Switzerland, Germany, Italy, Netherlands and Thailand — as well as representatives from the International Monetary Fund, World Bank and Bank of International Settlements.
Reuters reported that the participants were shown a film as part of the simulation. “These events are creating havoc in the financial markets,” the narrator of the film said, and that governments were under pressure to gauge the impact of the global attack as the world financial system was crippled.
Red Alert: Global Financial “War Game” Simulates Potential Disruptive Impact of Cyber Attack: