Your 401(k) Deleted: How Wall Street Hopes to Thwart Hackers

Stroz Friedberg is a specialized risk management firm built to help clients solve the complex challenges prevalent in today’s digital, connected, and regulated business world

The idea came in 2014 after hackers ravaged Sony Corp.’s U.S. film unit, deleting troves of data while leaking upcoming movies and embarrassing emails. But in this case, the global financial system is at stake.

“Being able to restore a network quickly is one of the most crucial elements for coping with cyber breaches and increasing resilience,” said Edward Stroz, co-founder and co-president of Stroz Friedberg, a cybersecurity firm. “Sheltered Harbor is the financial industry’s way of showing how it can perform disaster recovery and thus maintain consumer confidence.”

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