The G7 Cyber Expert Group (CEG) successfully concluded its 2026 Cross-border Coordination Exercise (CBCE) on May 18, 2026. The exercise aimed to strengthen cyber resilience in the G7 financial sector through enhanced cross-border coordination. A long-term strategy now prioritizes increasing the frequency and consistency of simulations to improve preparedness across jurisdictions. Building on previous exercises, this year’s scenario simulated a large-scale cyber-attack across all G7 jurisdictions, testing improvements in incident response, recovery, and crisis communication. Participants included ministries of finance, central banks, bank supervisors, and market authorities, fostering a unified response. The CEG emphasized the importance of timely information sharing and coordinated action to safeguard the global financial system against cyber threats. The exercise reinforced the group’s commitment to aligning operational and strategic components for effective cyber incident management.
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