Amazon Web Services (AWS), the cloud computing arm of Amazon, has made history by becoming the first significant cloud provider to join the Sheltered Harbor Alliance Program. This partnership signals a transformative approach for financial institutions toward safeguarding their data.
Announced on November 14, this collaboration connects AWS with Sheltered Harbor, a non-profit organization focused on improving cyber resilience within the financial services sector.
The goal of this partnership is to establish standardized methods for data vaulting. This process ensures that financial institutions keep encrypted, unchangeable copies of critical data stored separately from their primary systems.
Increasing Regulatory Demands
This initiative arises as financial regulators across the globe amplify their efforts to enforce operational resilience.
The collaboration will offer financial organizations pre-approved architectural frameworks for creating data vaults using AWS infrastructure.
These frameworks are designed to assist organizations in complying with regulatory requirements while leveraging AWS capabilities.
By utilizing these frameworks, financial institutions can implement cloud-native data vaulting solutions in line with Sheltered Harbor’s standards.
In the event of a cyber-attack or any other disruptive incident, organizations can quickly restore their operations from the secure data vaults, significantly reducing downtime and potential financial losses.
Technical Execution
Through this partnership, AWS customers within the financial sector will gain valuable guidance on how to deploy cloud-native data vaulting systems.
This architecture includes essential safeguards and controls tailored for an AWS environment, as outlined by Sheltered Harbor.
