The Bank of England said it will carry out a test on Friday to gauge the financial sector’s ability to withstand a major cyberattack. According to the BoE, it will host a one-day exercise on Nov. 9 in partnership with the finance ministry and the Financial Conduct Authority.

“This exercise forms a vital part of the sector wide biennial process that seeks to ensure the industry is prepared for – and can respond effectively to – any major disruption stemming from a cyber Incident, protecting the financial system on which the public relies,” the BoE stated on its website.

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“The exercise will help authorities and firms identify improvements to our collective response arrangements, improving the resilience of the sector as a whole.”