Fls Have More and Use More Contingency Plans

Adams, John
May 2006
Bank Technology News;May2006, Vol. 19 Issue 5, p21
Trade Publication
The article focuses on the market survey conducted by SteelEye Technology, a data and application management firm for disaster recovery on Linux and Windows. According to the survey, banks are more aggressive in adopting business continuity plans than other businesses, and have a much smaller margin for error when it comes to outages and other problems. Further, it also reveals that financial institutions use plans more frequently, contending they have the need to invoke those plans.


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