PRA statement on the 2022 cyber stress test: Retail payment system
February 08, 2022
On 13 December 2021, the Prudential Regulation Authority (PRA) issued a statement announcing that it will invite a number of firms to participate in a voluntary cyber stress test. The stress test will focus on a severe data integrity incident as the disruption scenario and will test firms’ ability to meet the impact tolerance for payments in a severe but plausible scenario.