Banks are among the earliest industries to adapt the features brought about by the birth of information technology. Banks were among the frontline runners who jumped right into whatever information technology promises to offer
And as catastrophes are inevitable and unpredictable, bank disaster recovery planning are highly focused on by the said industry. After all, it is money and hard-earned cash which are at stake in these institutions, from individuals alone up to big shot corporations.
It seems that even the government has seen how sensitive banks can be and how vulnerable they can become amidst the face of emergency. Hence, the federal government mandated in 1983 that banks disaster recovery planning must be implemented and maintained in each and every financial industry.
When it comes to bank disaster recovery planning, the proactive approach is of high value. Planning is definitely on the critical side. The primary objective of bank disaster recovery planning is not to salvage anything from the emergency situation but rather, to actually prevent any unwanted emergencies from hampering operations. This also brought about by the fact that when calamities occur, banks become a hot spot for people who are hit with panic and with an immediate need to check on their resources.
In addition, a bank disaster recovery planning puts all people first out of danger. The customers and employees are both very important to save. Without customers, there will be no more business for these banks and without their valued employees, operations will likewise become paralyzed.
And of course, recovery of data center is not only limited within the confines of the particular branch or department. The whole bank’s corporation takes part in the recovery process.