Jerome Arthur Uffner, the former president and CEO of FirstView Financial in Atlanta, Georgia, led his company to revenue increases of nearly 100 percent during his three-year tenure. As a financial leader, Jerome Uffner recognizes the risks that are present in today’s world of online and internet financial transactions, and he supports the Sheltered Harbor program.
The Sheltered Harbor program was developed by the financial industry to protect its members from the effects of a catastrophic cyber attack. A nonprofit consortium of financial institutions, service providers, trade associations, and others involved in finance, the program is managed under the Financial Services Information Sharing and Analysis Center (FS-ISAC), and was developed after governmental exercises revealed how vulnerable financial institutions are to cyber criminality.
The risk of cyber attacks continues to increase globally, and ransomware attacks are also on the rise. These attacks have shifted from being directed predominantly at individuals to businesses, which may be more likely to pay the ransom demanded for data recovery. The Sheltered Harbor program is designed to prevent the financial industry’s most critical records from being a casualty in the event of any cyber attack.
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