Financial Services Industry
Industry: Email Alert RSS FeedBusiness Continuity: FIs Have More and Use More Contingency Plans
Bank Technology News, May, 2006 by John Adams
When it comes to disaster planning, banks stand head and shoulders above the pack of other industries. But that's probably because they need those plans more to keep all industry going. A market survey from SteelEye Technology, a data and application management firm for disaster recovery on Linux and Windows, reveals that banks are more aggressive in adopting business continuity plans than other businesses, and have deployed those plans more frequently.
The survey also reveals that banks have a much smaller margin for error when it comes to outages and other problems. And financial firms also use their plans more often than other businesses. Ninety-one percent of financial organizations have a business continuity plan in place. The survey participants' overall adoption of...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
