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Home > Financial Stability > Financial Sector Continuity > Resilience Benchmarking
 

Resilience Benchmarking

In 2005 the UK Financial Authorities launched an ambitious Resilience Benchmarking project to assess how the financial sector would cope in the event of major operational disruption and how quickly it would be able to recover afterwards.

The project was constructed to answer the following questions:

  • How resilient is the UK financial sector?
  • How quickly can the sector recover from major operational disruption?
  • Do firms plan and prepare effectively?
  • Are there any concentrations or dependencies that could be potential areas of vulnerability?
  • What action is needed to improve the resilience and recovery capability of the sector?


In 2012 the Authorities surveyed firms’ technology and cyber resilience to address the following objectives:

  • Capture and share technology and cyber resilience practice across the sector with the aim of strengthening its resilience;
  • Increase understanding of the sector’s capabilities in relation to technology and cyber resilience;
  • Assess the technology and cyber resilience practices of selected organisations and highlight inconsistencies which they should review;and
  • Identify technology and cyber resilience topics for inclusion in future sector exercises.

Key Resources

 

Technology and Cyber Resilience Benchmarking Report 2012 
  2012 Technology and Cyber Resilience Benchmarking

Technology and Cyber Resilience Benchmarking Approach 2012 
  2012 written approach to Technology and Cyber Resilience Benchmarking 

2012 Resilience Benchmarking Glossary of Key Terms 
  2012 Resilience Benchmarking glossary of Key terms

2012 Technology and Cyber Resilience Benchmarking Q&A  
  2012 Technology and Cyber Resilience Benchmarking Q&A Publications

2012 Resilience Benchmarking 
  UK Financial Authorities, Paper on the approach to benchmarking for 2012

Resilience Benchmarking Update  
  July 2012 Update on Resilience Benchmarking

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