FDITECH Opens Registration for Tech Sprint to Measure and Test Bank Resilience — 2021-08-30

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today opened the registration period to participate in a tech sprint designed to identify and develop measures, data, and other capabilities to understand how resilient banks are to major disruptions. This tech sprint is intended to be the first of several focused on how to foster stronger resiliency in banking. FDITECH invites experts in operational resilience, financial institutions, non-profit organizations, consumer advocates, academic institutions, private sector companies, and others to participate. Interested organizations can request to participate by visiting the FDIC’s Tech Lab (FDITECH) website, From Hurricanes to Ransomware: Measuring Resilience in the Banking World. The U.S. financial sector is facing a growing number of threats to its information technology systems, operations, people, and facilities.