AWS and Sheltered Harbor Partner to Help Protect Financial Firms from Ransomware
IT News Online Staff
2024-11-15
Amazon Web Services (AWS) announced that it has joined the Sheltered Harbor Alliance Program. Sheltered Harbor, a non-profit industry consortium that is dedicated to enhancing cyber resiliency of financial services, and AWS are partnering to simplify the process of building cyber vault capabilities for AWS customers.
This collaboration aims to bolster protection against ransomware attacks, improve operational resiliency and help address regulatory mandates for financial institutions using AWS infrastructure.
Sheltered Harbor and AWS have collaborated to define an architecture that meets a robust set of prescribed safeguards and controls in an AWS environment as defined by Sheltered Harbor. Sheltered Harbor's resilience standards and specifications, combined with the breadth and depth of AWS security technologies, provide financial services organizations with additional ways to safeguard their most critical data and systems against ransomware attacks and other disruptive events.
Financial services organizations now can access the prescriptive guidance from AWS and implement cloud native Sheltered Harbor data vaulting quickly and efficiently. This simplifies the process for financial institutions to safeguard their critical data in the cloud and meet regulatory requirements for data protection. In the event of a cyber-attack or other disruptive incident, organizations can quickly restore operations from their trusted secure data vault, minimizing downtime and financial losses.
"As the frequency and sophistication of cyber-attacks continue to escalate, financial institutions must have robust data protection and recovery strategies in place," said Scott Mullins, General Manager of Worldwide Financial Services, AWS. "The Sheltered Harbor partnership demonstrates AWS' commitment to continuously innovating to meet the unique security and resilience requirements of the financial services industry."
"Experiencing ransomware and the likely impact of such an attack is no longer just possible, it is happening at an increasing rate globally. Having an effective recovery plan will help organizations survive such devastation. That includes protection of critical data by securely isolating an immutable and recoverable copy in a zero-trust, Sheltered Harbor certifiable data vault. With AWS as an Alliance Partner, we know that the Sheltered Harbor approach can be implemented more quickly and easily by organizations of all sizes," said Carlos Recalde, President and CEO, Sheltered Harbor.
For financial institutions seeking to enhance their cyber resilience, the combination of AWS and Sheltered Harbor offers a proven architecture to safeguard critical financial assets.
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