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Volume 30, Issue 1

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Monday, 30 September 2013 17:42

Highly Regulated Companies no better prepared for Disaster Recovery

Just last month the Disaster Recovery Preparedness Council reported some initial findings from our new online Disaster Recovery Preparedness Benchmark (DRPB) Survey.  We created the survey to help give business continuity, disaster recovery, compliance audit and risk management professionals a better measure of their own preparedness in recovering critical IT systems running in virtual environments.

Some of the preliminary findings from the survey have surprised us.  For example, results indicate that organizations in highly regulated industries such as financial services, healthcare and government, fail to make the grade for disaster recovery preparedness. In spite of strict regulations, these organizations do not appear to be better prepared than others to recover their IT systems in the event of a disaster.

Here are some results from highly regulated industries that describe their shortcomings: