Reconnection Framework

SIFMA and the Financial Services Sector Coordinating Council (FSSCC) are pleased to announce the publication of the latest version of the Reconnection Framework. The Framework has been updated jointly by both organizations, addressing the scope of reconnection issues across the industry in order to produce a product suitable for broad adoption by the financial services sector.

There are many issues that a firm compromised by a cyber incident must first address in order to reconnect to the financial ecosystem after a cyber event has been contained and mitigated. Most importantly is how the firm should communicate, coordinate, and provide assurance to what could be dozens of business and trading partners in the most efficient and effective way to convey that the problem has been resolved and will not recur. This is crucial so the firm and its business and trading partners can resume normal Business as Usual (BAU) operations.

This document provides a five-step mitigation framework – Assess, Remediate, Assure, Reconnect, and Recover – and is intended to support and inform a technical view of reconnection as well as broader resilience planning.