G7 Cyber Expert Group Conducts 2026 Cross-Border Coordination Exercise to Enhance Financial Sector Resilience
The G7 Cyber Expert Group has successfully completed its 2026 Cross-border Coordination Exercise (CBCE), aimed at bolstering cyber resilience within the G7 financial sector. This exercise, held on May 18, 2026, builds on the 2024 CBCE, focusing on improving the coordination and communication capabilities of G7 financial authorities in response to significant cross-border cyber incidents. The exercise involved ministries of finance, central banks, bank supervisors, and market authorities from all G7 jurisdictions, simulating a large-scale cyber-attack to test and enhance collective preparedness. The initiative is part of a long-term strategy to increase the frequency and consistency of such simulations, thereby improving readiness across all jurisdictions.