CIO 100 Award Winners: FS-ISAC and Sheltered Harbor

CIO 100 Award Winners: FS-ISAC and Sheltered Harbor

RESTON, VA., MAY 2, 2018 - IDG's CIO today announced that Financial Services Information Sharing and Analysis Center (FS-ISAC) and Sheltered Harbor are each individual recipients of the 2018 CIO 100 Awards. The 31st annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology.

FS-ISAC’s crucial innovation is to have created the first-ever centralized platform for cyberprofessionals to aid in combatting ever-increasing cyberthreats. Before FS-ISAC, evaluating the veracity of incident information was slow and time consuming with only local, decentralized resources to help. FS-ISAC members now benefit and contribute to having access to 24/7 global and local intelligence. Information is shared both digitally and in person. This occurs via a trusted online network, in-person during emergency local or global threat calls, during monthly regional member meetings, in-person meetings or spotlight calls and at one of four annual Summits. FS-ISAC also holds webinars on hot topics, offers cybersecurity training, hosts exercises and provides tools and resources to respond to incidents.

“With 7,000 members in 44 countries, FS-ISAC’s commitment to protecting the financial services sector spans nearly 20 years,” said Bill Nelson, chief executive officer of FS-ISAC. “It’s great to be recognized for our contributions to securing the financial services sector but this award is also a credit to our members. Our collective commitment to information sharing is what keeps us ahead of cybercrime and helps make the sector resilient.”  

Sheltered Harbor, a subsidiary of FS-ISAC, is being recognized for its contributions to creating a safety net for consumers in a worst-case security scenario. Founded by 34 financial institutions, industry trade groups and leaders, along with core processing providers, Sheltered Harbor’s mission is to safeguard consumers and the financial sector from cyber and physical attacks. 
 
“Sheltered Harbor is a testament to public-private partnership coming together to protect the U.S. financial services industry's ability to protect its own customers from catastrophic incidents,” said Trey Maust, chief executive officer of Sheltered Harbor. “We have created a viable and practical secure data storage standard, supported by a rigorous adherence framework, to safeguard critical consumer data. Our goal is to ensure that every consumer account in the U.S. is protected by Sheltered Harbor.” 

"Every year, we are honored to showcase the technology innovation and business value delivered by our CIO 100 award winners. Each of these companies has achieved notable success in accelerating businesses to the front lines of the digital revolution," said Maryfran Johnson, Executive Director of CIO Programs for CIO Events and the CIO Executive Council. "This year's winners are inspiring examples of how IT leadership and business partnerships can reshape the future."

FS-ISAC and Sheltered Harbor will be recognized at The CIO 100 Symposium & Awards Ceremony.

About the Financial Services Information Sharing and Analysis Center (FS-ISAC)
FS-ISAC is a non-profit corporation that was established in 1999 and is funded by its member firms. With about 7,000 members worldwide, FS-ISAC is a member-driven organization whose mission is to help assure the resilience and continuity of the global financial services infrastructure and individual firms against acts that could significantly impact the sector’s ability to provide services critical to the orderly function of the global economy. FS-ISAC shares threat and vulnerability information, conducts coordinated contingency planning exercises, manages rapid response communications for both cyber and physical events, conducts education and training programs, and fosters collaborations with and among other key sectors and government agencies. For more about FS-ISAC, follow us on Twitter @FSISAC and join the discussion on LinkedIn or visit fsisac.com

About Sheltered Harbor
Sheltered Harbor, a subsidiary of FS-ISAC, is an initiative designed to enhance the US financial services industry’s resiliency capability in the event of a major incident to ensure consumers have access to critical account assets. Sheltered Harbor is based on standards and the concept of mutual assistance. Its members access specifications for common data formats, secure storage and operating processes to store and restore data and receive a Sheltered Harbor acknowledgement of adherence to the specification. Visit www.shelteredharbor.org for more information.

About CIO
CIO from IDG is the premier content and community resource for information technology executives and leaders thriving and prospering in this fast-paced era of IT transformation in the enterprise.  The award-winning CIO portfolio--CIO.com, CIO executive programs, CIO Strategic Marketing Services, CIO Forum on LinkedIn, CIO Executive Council and CIO primary research—provides business technology leaders with analysis and insight on information technology trends and a keen understanding of IT’s role in achieving business goals. Additionally, CIO provides opportunities for IT solution providers to reach this executive IT audience.  The CIO Executive Council is a professional organization of CIOs created to serve as an unbiased and trusted peer advisory group. CIO is published by IDG Enterprise, a subsidiary of IDG. Company information is available at http://www.idgenterprise.com/.


FS-ISAC/Sheltered Harbor media contact:
Jane Khodos
jkhodos@fsisac.com 
+1.703.674.6566