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DR – Page 2 – Compliance Guru

Tag: DR

15 Jun 2010

Disaster Recovery & Strategic Planning: How alignment can reduce risk and cost

If it’s been done correctly, your business continuity program has been developed to support your Banks’ strategic plan. The capabilities of your hardware and software have been carefully selected to coincide with the needs of your target market. Your financial projections are based on your ability to successfully penetrate your target market, and your DR program provides assurance that your critical business processes will continue functioning to serve your customers in the event of a disaster. In short, the objectives of your strategic plan should be reflected in the priorities of your DR plan (specifically in the business impact analysis and the risk assessment phases), and your recovery procedures will assure process recovery within the pre-defined limits.

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