Banking Industry and Disaster Recovery Planning

Topics:
Contingency Planning
Tags:
BankersOnline.com,
Banking,
Data Management,
Disaster Recovery,
Disaster Recovery Planning,
Planning
Source:
BankersOnline.com

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Overview: In this article, it is explored that what the banking industry's specific disaster recovery needs are and explain some state-of-the-art recovery solutions that have emerged as a direct outgrowth of those needs. Planning is vital to disaster recovery because the primary objective is to avoid problems before they occur. Disaster recovery is of particular importance for the banks in a locality hit by crisis - more so than other businesses - because their services are in great demand during times of community disaster. Disaster recovery plans should take into consideration any outsourced functions. The final component of a successful recovery planning effort is testing. Disaster recovery will continue to evolve with the banking industry. As banks become more sophisticated technology users, disaster recovery solutions will follow.

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Format: HTML | Date: Jan 2003 | Pages: 1

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