2026-10-09 · 1 statements · 1 actors

CMORG SIMEX26 cloud outage simulation exercise, 8 Oct 2026

The Bank of England reports on the completion of CMORG's biennial SIMEX26 exercise on a global cloud services disruption scenario.

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CMORG holds sector-wide cloud outage simulation exercise 2026-10-09 · central bank
The Bank of England reports that CMORG, chaired by the Bank and UK Finance, completed its biennial SIMEX26 exercise on a global cloud services disruption scenario involving 38 major banks and market infrastructure operators. The Bank says it now expects firms to act on the exercise's lessons to strengthen resilience.