The G7 Cyber Expert Group (CEG) completed its 2026 Cross-border Coordination Exercise (CBCE) on May 18, 2026, marking progress in enhancing cyber resilience for the G7 financial sector. The exercise, part of a long-term strategy to increase simulation frequency and consistency, tested improvements in incident response, recovery, and crisis communication identified through prior drills. A simulated large-scale cyber-attack across all G7 jurisdictions brought together ministries of finance, central banks, supervisors, and market authorities to practice unified responses. Deputy Secretary Francis Brooke emphasized the need for coordinated action against cross-border cyber threats. The initiative aims to strengthen preparedness and information sharing to protect the global financial system. The CEG continues to prioritize cybersecurity collaboration, with recent publications addressing AI, post-quantum cryptography, and incident response frameworks.
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