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Summer Journal

Volume 31, Issue 2

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The unprecedented impact of Superstorm Sandy is forcing financial institutions to rethink assumptions about disaster recovery, contingency planning, and the vulnerability of on-premise solutions. And as a result, we may see widespread adoption of cloud-based disaster-recovery solutions in which third party data centers in remote, land-locked locations are relied on to conduct mission-critical technology operations while the client institution itself is handling the disaster.