Spring World 2015

Conference & Exhibit

Attend The #1 BC/DR Event!

Summer Journal

Volume 27, Issue 3

Full Contents Now Available!

Preparedness and Testing: Key to Survival

Written by  GREGORY TELLONE January 6, 2011

The longevity of your financial institution, as well as the livelihoods and safety of you and your employees, isn’t something to be left to chance. According to a recent study, 90 percent of companies who experience a disaster will fail within a year, unless they’re able to resume operations within five business days of a disaster. A disaster doesn’t have to be a hurricane, earthquake, or tornado. Often, it’s something as simple as a burst pipe, small fire, or even a utility outage. In order to save the business you have worked so hard to build, it is critical to plan for the unlikely events. The first decision is the one you make on planning to stay in business. Start with the basics and keep it simple. Look at how your company functions and which of those functions it cannot

PLEASE SIGN IN TO CONTINUE READING.

Not a Member? Subscribe Today For Free! Membership Includes:

  • Free delivery of DRJ's Quarterly Magazine
  • Free online access of DRJ's latest Magazine
  • Free access to the DRJ Archives
  • Informational Updates
  • Conference alerts and information
  • Free White Papers
  • Free blog posting
  • And much more!