In 2021, in light of recent international developments such as the US Sheltered Harbor initiative to
address this type of cyber threats, the Hong Kong Monetary Authority (HKMA) has invited the Hong Kong
Association of Banks (HKAB) to develop guidelines on Secure Tertiary Data Backup (STDB) that are
appropriate for the banking landscape in Hong Kong. HKAB issued the STDB Guideline to banks in an effort to counter the growing risks of potentially catastrophic cyberattacks.
In 2023, HKMA Made significant inroad in implementing Secure Tertiary Data Backup (STDB) to
enhance recovery capabilities from ransomware attacks.
enhance recovery capabilities from ransomware attacks.
8 Principles:
- STDB Governance Model
- Identification of Critical Data
- Data Quality
- Critical Data Lifecycle Management
- Data Extraction and Ingestion
- Secure Repository
- Restoration Planning
- Restoration Validation Process and Drills
9 Characteristics:
- Immutable
- Survivable
- Air-gapped
- Secure
- Controlled
- Verifiable
- Assurance
- Heterogeneous
- High-performance
Reference:
8 Principle-based Guidelines of STDB
9 Characterises of STDB
US Sheltered Harbor
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