Year: 2010

03 May 2010

5 Keys to an Effective Disaster Recovery Strategy

Curt Frierson, Chief Technology Officer

A guide to overcoming the traditional obstacles while cutting costs.

Current Disaster Recovery Landscape

Real-world disasters over the past few years such as Hurricanes Katrina, Ike, and Rita have created an increased focus on the issues of disaster recovery (DR) and business continuity for financial institutions and have led to increased regulatory scrutiny in these areas.  Faced with this growing demand, most institutions have at least documented a disaster recovery plan.  Although this is a step in the right direction, having a documented plan does not necessarily mean that your institution could recover effectively from a major disruption, much less be able to continue operations through the disaster.  The simplest way to measure your current disaster preparedness is to ask the following question:

“Do you have complete confidence in your institution’s ability to recover from a disaster?”
(more…)