Time Is Of the Essence

In a disaster recovery situation, a business can be irreparably damaged if operations cease for just a few hours. Recent survey results from the SteelEye Technology Business Continuity Index confirm this, with 50 percent of financial services participants responding that less than four hours of downtime can be detrimental to the viability of their businesses.

Of the 184 IT, engineering and C-level professionals surveyed, the largest portion of which (18.5 percent) represents the financial services industry, a startling 48 percent report that their firms have had the need to invoke business continuity plans. <<<