For Infrastructure & Operations Professionals

Primary Analyst Photo	Document Information	Rate this Document
	July 8, 2008 What Your Business Can Learn About Disaster Recovery From Financial Institutions by Stephanie Balaouras with Simon Yates, Rachel Batiancila, Rachel A. Dines

This is an excerpt

Executive Summary

Disaster recovery preparedness is an increasingly critical IT function. In our Forrester/Disaster Recovery Journal October 2007 Global Recovery Preparedness Survey, 87% of the disaster recovery decision-makers we surveyed said that it was "critical" or "very critical" to improve their company's disaster recovery preparedness and capabilities. Even though all organizations must undertake disaster recovery planning, financial institutions often lead other industries in their efforts because they can measure their cost of downtime in millions of dollars per hour. According to our survey, financial institutions are generally more prepared than other industries: They're more likely to have documented plans in place, they test more often, and they have a greater degree of confidence in their DR preparedness.

TABLE OF CONTENTS

• Financial Institutions Face Tougher DR Requirements Than Most Firms

RECOMMENDATIONS

• What Can Your Business Learn About DR From Financial Services?
• Supplemental Material
• Related Research Documents

This is an excerpt

Buy Risk-Free

Price: US $499

Our Service Guarantee: If you are not completely satisfied with this document, notify Forrester within 24 hours of purchase for a full refund.

Already a Forrester Client?
Log in to read this document.