Johnson Financial Group has announced its successful completion of the program requirements necessary to achieve the status of “Sheltered Harbor Data Protected,” a demonstration that the firm’s data security practices meet a certain threshold. Sheltered Harbor is a not-for-profit, industry-led initiative comprising financial institutions, core service providers, national trade associations, alliance partners, and solution providers dedicated to enhancing financial sector stability and resiliency. Johnson Financial Group is one of the first 50 financial institutions in the country to complete the program.
Cybersecurity is the number one risk concern for financial executives and directors. The Sheltered Harbor initiative is designed to safeguard financial institutions from major data destruction events by ensuring that critical deposit and brokerage records are stored in a manner that is not susceptible to a cyberattack and that services would be available even if the institution were compromised.
By participating in the Sheltered Harbor program, Johnson Financial Group and its customers’ data is protected if a catastrophic event like a cyberattack causes critical systems — including backups — to fail. Sheltered Harbor provides an important additional layer of protection, enhancing both accountholder and financial sector resiliency.
“Cyberattacks in the financial industry are a serious threat, which is why we are happy to participate in the Sheltered Harbor program,” said Mark Ward, SVP – chief information security officer at Johnson Financial Group. “Protecting our data and safeguarding our customers’ information is our top priority, and the Sheltered Harbor program and certification gives JFG the confidence our banking data is always available ensuring we can provide timely and secure customer service.”
To learn more about Sheltered Harbor, please visit: https://shelteredharbor.org.