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Symbolfoto: Das AIT ist Österreichs größte außeruniversitäre Forschungseinrichtung

KSÖ, AIT and BAWAG organized cyber security training for Austrian and international stakeholders

07.11.2024
Austrian and international companies and public authorities practiced for the worst-case scenario of a hybrid attack on the banking sector in one of the most advanced digital simulation environments.
 

The organizers (from left to right): Dr. Helmut Leopold, KSÖ Vice President, Head of Center for Digital Safety & Security, AIT, Dr. Guido Jestädt, Member of the Board at BAWAG Group AG, Andreas Reichhardt, BMF, Mag. Markus Popolari, Direktion Digitale Services, BMI (in Vertretung von Bundesminister Gerhard Karner), Dr. Alexander Janda, Generalsekretär KSÖ; Credit: Katharina Schiffl

On November 6 and 7, the Competence Center for a Secure Austria (KSÖ), together with the AIT Austrian Institute of Technology and the BAWAG Group, organized the seventh cyber simulation game. The cybersecurity exercise, which took place on a state-of-the-art IT infrastructure, aimed to train representatives of Austrian and international companies and authorities to respond to an emergency using a fictitious hybrid attack on the state, economy and society. The added value of realistic simulation games and training has been confirmed as very positive and important by the various stakeholders in the context of many exercises in recent years (see also ).

The exercise scenario: hybrid attack on banking infrastructure

In this cyber security training, the approximately 100 participants took on various roles as employees of the fictitious industrial company OptiTeq and the fictitious OeBank, which were both the targets of a massive cyber attack carried out by a criminal syndicate. To defend against these attacks, participants had to respond appropriately to identify the threats and take appropriate countermeasures. Challenges included protecting sensitive data, defending against a ransomware attack, containing fake information and disinformation campaigns, and preventing financial theft. Participants were also confronted with physical attack vectors on production facilities and fake bank transactions. The aim of the training was to improve the ability to respond to complex, coordinated attacks to ensure business continuity in critical situations.

Read the fill german article here.