The Sheltered Harbor initiative — an industry effort to improve sector-wide resilience in the face of a cyberattack — this week launched its website, ShelteredHarbor.org. The site provides detailed information about the initiative, including frequently asked questions, and a form for those interested in joining.
Led by the Financial Services Information Sharing and Analysis Center, Sheltered Harbor is a collaboration between a number of financial trade associations, including ABA. Sheltered Harbor enables banks to store encrypted customer account information in secure “data vaults” so that it can be quickly accessed and restored after a cyber incident. In the event that an institution is unable to recover from a cyber incident in a timely manner, Sheltered Harbor also allows data to be made available to customers through a service provider or other financial institution. Sheltered Harbor members have access to industry data storage and recovery standards, and are acknowledged as being “Sheltered Harbor Ready” once they have implemented the appropriate processes.