Planning for the
Transforming Banks for a Digital Future: The Winners, The Losers, and the Strategies to Beat the Odds
Planning for Disaster
In addition to their data-protection and recovery plans, businesses must consider long- and short-term scenarios.
Some New York financial companies have data centers in both Manhattan and across the Hudson River in New Jersey, said Braunstein. While data would be safe in a contained fire in the financial district, a hurricane or terrorist attack most likely would impact both sites, he said.
On the other hand, some San Francisco companies have data centers in Arizona or Virginia and have split the workload between the two sites: The odds are good any disaster would not impact all locations simultaneously, said Braunstein.
"Most of the plans are based on, 'We've lost power to the building' or 'We lost the building somehow,'" he said. "Most of them were localized. 'We lost our building,' not 'We lost our county.'"
And, while sending employees out-of-state for several days or weeks is feasible, businesses must consider the far-reaching implications ifas in 9/11 and Katrinaareas are disrupted for months or years, Braunstein said.
Before 9/11, one Chicago company, for example, planned to take its backup tapes via plane to its SunGard site in New Jersey, he said. After the terrorist attacks, no planes were allowed to flyeffectively rendering this firm's plan useless, said Braunstein.
"If you are hit with something like Katrina or 9/11, you cannot count on your staff picking up and going elsewhere," he said.
IT Solutions Builder TOP IT RESOURCES TO MOVE YOUR BUSINESS FORWARD
Which topic are you interested in?
What is your company size?
What is your job title?
What is your job function?
Searching our resource database to find your matches...