Establishes Standards

To increase the resiliency of each participating institution

Promotes Adoption

Of the Sheltered Harbor standards by financial institutions

Monitors  Adherence

To the standards so that consumers benefit from the added protections

What is Sheltered Harbor?

An extra layer of protection against potential significant cyber risk 

Industry Response

Financial Services industry trade groups and leaders, along with core processing providers, have established new resiliency capabilities.  These ensure that consumers will be able to access their financial accounts - even if their bank or brokerage becomes inoperable.

Standard Data

All participating institutions, on a regular basis, make a copy of the consumer's account data in a standard format, which enables the restoration of accounts in the event of a major outage.

Secure Vault

The account data is archived in a secure data vault that is protected from alteration or deletion.  The data will stay intact and accessible if needed - exactly as when it was archived.

Monitored Regularly

All participating institutions update their adherence reviews to ensure that the Sheltered Harbor standards are exercised consistently and in accordance with Sheltered Harbor specifications.

Why Sheltered Harbor?

Enhanced resiliency provides additional protections for customer accounts