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New White Paper Calls for Expanding Cross-Industry Coordination to Mitigate the Systemic Impact of a Major Cyber Attack on the Financial System

New York/London/Hong Kong/Singapore/Sydney, March 20 2018 – As cyber-threats against the financial sector become more frequent, complex and sophisticated, cross-industry coordination around response and recovery mechanisms are essential to mitigating the systemic consequences of a large-scale attack, according to a white paper published today by The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, and Oliver Wyman, a leading global management consulting firm.

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