The PCB is a Faraday cage, just a poor one.
Consider a closed metallic enclosure around a circuit. This is a Faraday cage, nothing outside gets in and vice versa.
Maybe we have a few holes for signals to pass, maybe shields are extended around them. In the latter case, the whole system is still a Faraday cage: the cables are merely an extension of the interior. They're thin and flexible, so what, their insides are still very much topologically inside the shielding. (In the former case, we prefer to filter and protect such signals, as close to the point of penetration as possible.)
And I shall use a topological argument to explain the thought process here.
Suppose we open a small hole in the enclosure. A hole is a highpass element: EM of some frequency range can pass (e.g., you can look through it, it passes light), while it has an asymptotic cutoff below.
If we grow this hole, eventually until it covers the entire side, say -- the cutoff frequency gets lower and lower, but we still have fundamentally a shield, at least at DC. Whether we care about the rest, is just a matter of scale. Maybe an open side is okay for an audio amplifier, but certainly not for a microwave circuit.
Now, suppose there's a circuit mounted in the middle of this enclosure, dividing it into two spaces, grounding completely around its periphery. The circuit is flat, and contains a contiguous ground -- your basic plane grounded PCB design.
If we open holes on the top and bottom of this enclosure, we expose the top and bottom of the circuit. If we expand these holes all the way to the edge of the PCB, the enclosure disappears entirely; and without any side height, surely we've invited quite a bit more noise in, and can no longer apply the aperture cutoff/attenuation idea. We might also note that the PCB isn't a single large antenna, but is made of myriad smaller nodes, with different shapes and sizes, so act as antennas in their own right, at various random frequencies and asymptotically below there (corresponding to overall size and circuit impedance, since the low-frequency equivalent circuit looks like an impedance divider, with a very small capacitance from free space, dividing into the node impedance).
So the result isn't great for some applications, but it's acceptable for many. And as regards cables: shield currents still flow along them, and need to find a ground. The lowest impedance ground we have is the plane ground. A low impedance connection to that, minimizes the common mode noise injected into the signals. Simple as that.
So, not only should you use:
- shielded connectors,
- with the shield tied directly to ground (at RF),
- but also tied in multiple places around the periphery of that shield.
Example, a SMT or hybrid USB connector: the shell and/or pins should be bypassed to ground (with multiple caps if galvanic isolation is still desired, say four or so), and this allows noise currents to divert into the PCB ground, away from the signals at the rear of the connector.
There are ways to float a grounded connector, using it differentially; just remember, you can treat low frequencies (DC / galvanic isolation) separately from high; high frequencies must be shunted into ground, around the active circuit; and you may need to add additional circuitry (diff amp, isolation transformer, etc.), which introduces some other compromises as well (CMRR, bandwidth, accuracy, etc.).
Tim