CUNA
  • Advocacy
    • Priorities we’re fighting for
    • Actions you can take
  • News
  • Learn
  • Compliance
  • Shop
  • Topics
    • Community Service
    • Compliance
    • Credit Union Hero
    • Credit Union Rock Star
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Sales & Service
    • Technology
  • Credit Union Magazine
    • Buyers' Guide
    • COVID-19
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • COVID-19
  • Advertise
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Contact
Learn More about Member Value

News

Member Benefits
Learn more
Learn more about the benefits of membership.
Home » Sheltered Harbor protects CUs, members from cyberattacks
Policy & Issues

Sheltered Harbor protects CUs, members from cyberattacks

May 16, 2019

CUNA joined with other financial services trade associations Wednesday to call on all financial institution CEOs to join Sheltered Harbor, a voluntary initiative to help protect against cyberattacks. CUNA is a founding board member of Sheltered Harbor and supports this effort to provide additional methods of recovery and speedy access to critical account data if a cyberattack or natural disaster damages a financial institution’s records.  

“The reason for Sheltered Harbor is simple: once improbable threat scenarios are now plausible. In response, traditional business continuity and disaster recovery planning is not enough,” the letter reads. “The only way to minimize the impact of a devastating disruption is to prepare for it. Implementing the Sheltered Harbor standard prepares institutions to provide customers timely access to balances and funds in such a worst-case scenario.”

Under Sheltered Harbor, financial institutions back up account data each night in the Sheltered Harbor standard format, either in its own secure data vault or with a participating service provider. The vault is separate from the rest of the institution’s infrastructure, including all backups.

Institutions that compete the data vaulting requirements are awarded Sheltered Harbor certification.

“Vaulting customer data each day is, of course, essential if a devastating cyberattack takes place. Restoring the data is equally important. Through resiliency planning guides and an expanding network of assurance and advisory firms, implementing the Sheltered Harbor standard helps your institution prepare the business and technical processes necessary to restore critical systems as quickly as possible,” the letter reads. “We are also working with core processors and other technology service providers to ensure institutions have ready access to solutions for data vaulting and recovery.”

Additional information, as well as a copy of the letter, can be found on CUNA’s Sheltered Harbor homepage

Credit Union Magazine - Spring 2021

Spring 2021

Credit Union Magazine’s Spring 2021 edition features CUNA's 2021 advocacy agenda, strategic planning guidance, and labor market insights.
Digital Edition •  Subscribe

Trending

  • 4 tips for #CURockStars nominations

  • 48 credit union leaders graduate from Foundation’s virtual DE Program

  • Longer CU loan maturities could make education more affordable

Tweets by CUNA_News

Polls

How have vaccination efforts affected your remote work policy?

View Results
More

Champion of America’s Credit Unions

Credit Union National Association is the only national association that advocates on behalf of all of America’s credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • About
  • Careers
  • Contact Us
  • Recommended Websites
  • Privacy Policy

Resources for

  • CUNA Board Members
  • Credit Union Advocates
  • Leagues
  • Press
  • Vendors