CMORG SIMEX26 sector-wide cloud outage simulation exercise and operational resilience expectations
The Bank of England-chaired Cross-Market Operational Resilience Group (CMORG) completed SIMEX26, a biennial simulation exercise involving 38 of the largest and most systemically important UK banks and market infrastructure operators, focused on a global cloud services disruption scenario. The Bank now expects firms to take action based on the exercise to strengthen their resilience and ability to respond to severe operational and cyber scenarios.
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- 9 October 2026
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