meta_id 3295893

On July 3, 2026, Danmarks Nationalbank published the results of a sector-level stress test of operational resilience conducted in 2025. The test was jointly conducted by the Danish Financial Supervisory Authority (DFSA) and Danmarks Nationalbank in collaboration with 11 key actors in the financial sector. The stress test focused on the securities area and examined how the sector as a whole could manage an extreme yet plausible information and communications technology (ICT) incident affecting critical societal functions. The test assessed operational resilience across the financial sector by simulating scenarios designed to test participants' ability to respond to and recover from significant ICT disruptions. The report presents the test's methodology, the scenario used, and key learnings derived from the exercise. By conducting this sector-level assessment, the DFSA and Danmarks Nationalbank aimed to identify vulnerabilities in operational resilience and strengthen the financial sector's preparedness for ICT-related incidents that could impact critical infrastructure and market functioning. The publication of these results provides the financial sector with insights into best practices and areas for improvement in managing operational risks. The findings are intended to inform financial institutions' internal risk management frameworks and help them develop more robust contingency plans. This stress test represents an important component of Denmark's broader financial stability framework and demonstrates the supervisory authorities' commitment to ensuring the resilience of the Danish financial system against emerging operational threats.