Data Vault

Institutions back up critical customer account data each night in the Sheltered Harbor standard format, either managing their own vault or using a participating service provider. The data vault is encrypted, unchangeable, and completely separated from the institution’s infrastructure, including all backups.

How It Works Data Vault

 

 

Sheltered Harbor Resiliency Plan

 

Institutions prepare the business and technical processes and key decision arrangements to be activated in the case of a Sheltered Harbor event; where all other options to restore critical systems - including backups - have failed.

They also designate a restoration partner so that if the Sheltered Harbor Resiliency Plan is activated, the partner can restore critical customer data as quickly as possible.

 

How It Works Resiliency Plan

 

 

Certification

 

 

Certification is a critical component of the Sheltered Harbor initiative. Participants achieve Sheltered Harbor certification upon successful implementation of each phase. Participants adopt a robust set of prescribed internal controls and perform professional audits to ensure compliance.

 

SH CERTIFIED

 

 

 

Implementation Journey

 

Implementation Journey 2 110718

 

Join as a Bank or Credit Union

For banks and credit unions, Participant fees are determined based on both Participant's total US banking assets and Participant’s total US deposit accounts to more accurately reflect bank size. Below describes current fees applying at each level of Participant’s assets and accounts.

Annual Fee Assessment Schedule for Banks and Credit Unions

 Assets

 Accounts 

 Fee 

Join Sheltered Harbor
Onlne
Download 
 <$100MM  and   <10K  $250       007 monitor 1       OR        Download $250 Agreement
 <$1B  and    <500K  $500        007 monitor 1       OR       Download $500 Agreement
 >500K  $2,500       007 monitor 1       OR       Download $2500 Agreement
 $1B - $50B    and   <500K  $2,500       007 monitor 1       OR       Download $2500 Agreement
 >500K  $10,000       007 monitor 1       OR       Download $2500 Agreement
 >$50B  and  <1M  $10,000       007 monitor 1       OR       Download $2500 Agreement
 >1M  $25,000       007 monitor 1    OR       Download 25000 Agreement

If your operations include brokerage and/or asset management accounts, please check those fee schedules as well, because you will pay a single fee based on the larger of the banking or brokerage or asset management fee calculation.

Join as Brokerage

For securities firms, Participant fees are determined based on both client assets* and the number of clearing clients. The schedule below describes current fees applying at each level of Participant’s assets and accounts.

Annual Fee Assessment Schedule for Securities Firms

 Client
 Assets*

 Clearing
 Clients

 Fee 

Join Sheltered Harbor
 Online
Download 

 <$100MM

 and 

 <1 (self clearer)      

 $2,500

     007 monitor 1    

 OR 

      Download $2500 Agreement

 <$10B

 and  

 <50

 $5000 

     007 monitor 1    

 OR

      Download $5000 Agreement

 50 - 100

 $10,000 

     007 monitor 1    

 OR

      Download 10000 Agreement

 $10B - $200B  

 and 

 <20

 $10,000 

     007 monitor 1    

 OR

      Download 10000 Agreement

 >20

 $25,000 

     007 monitor 1    

 OR

      Download 25000 Agreement
 >$200B   or   >100  $25,000       007 monitor 1      OR       Download 25000 Agreement

* Including discretionary and non-discretionary assets

If your operations include banking and/or asset management accounts, please check those fee schedules as well, because you will pay a single fee based on the larger of the banking or brokerage or asset management fee calculation.

Join as an Asset Manager

Participant fees or asset managers, transfer agents and recordkeepers are determined based on AUM or plan assets.  The schedule below describes current fees applying at each level of Participant's AUM or plan assets.

Annual Fee Schedule for Asset Managers, Transfer Agents, and Recordkeepers

 AUM or Plan Assets

 Fee 

Join Sheltered Harbor
 Online
Download 
 <$20B  $2,500       007 monitor 1      OR        Download 2500 Agreement
 $20B - $50B  $5,000       007 monitor 1      OR       Download 5000 Agreement
 $50B - $200B  $15,000        007 monitor 1      OR       Download 15000 Agreement
 > $200B  $25,000        007 monitor 1      OR       Download 25000 Agreement

If your operations include banking and/or brokerage accounts, please check those fee schedules as well, because you will pay a single fee based on the larger of the banking or brokerage or asset management fee calculation.

Welcome to Sheltered Harbor
Working Groups

Sheltered Harbor standards, best practices, and other materials are developed by collaborative working groups, composed of subject matter experts, mainly from Sheltered Harbor participant institutions and partners.

The working groups are highly active, meet often, and produce concrete deliverables. Therefore, joining is a real commitment. In return, members get to shape the development of the standard, build their own skills and expertise in various aspects of cyber resilience, and grow their professional networks through substantive work with peers around the country.

Current Working Groups:

  • Banking
  • Brokerage
  • GSIB
  • Technology
  • Adherence
  • Communications
  • Playbook and Logistics

If you are a participant interested in joining a working group, please contact Sheltered Harbor at This email address is being protected from spambots. You need JavaScript enabled to view it..

Alliance Partners

Sheltered Harbor has engaged several advisory and/or assurance firms as Alliance Partners to help participants with implementation.

We will continue to expand relationships with assurance and advisory firms in an effort to support the market with a broad menu of options, so keep checking for updates. 

Deloitte Advisory    
John Gelline Managing Director, Cyber Risk Services 571-271-6078 This email address is being protected from spambots. You need JavaScript enabled to view it.
EY Advisory    
Carl Liebel Executive Director, Financial Services Advisory 917-969-1802   This email address is being protected from spambots. You need JavaScript enabled to view it.
KPMG Advisory    
Vivek Mehta Partner, Emerging Technology Risk 646-239-6088   This email address is being protected from spambots. You need JavaScript enabled to view it.
Promontory Advisory    
Seth Kulakow  Director, Cyber Solutions Practice 303-947-7096   This email address is being protected from spambots. You need JavaScript enabled to view it.
PwC Advisory    
Ertem Osmanoglu Principal, Cybersecurity and Privacy 646-331-1595   This email address is being protected from spambots. You need JavaScript enabled to view it.
RSM Advisory & Assurance      
Hussain T. Hasan National Leader, Risk Advisory Services - Technology Risk Consulting 312-634-3700 This email address is being protected from spambots. You need JavaScript enabled to view it.

We're happy to hear from you.
Tell Us About Yourself.