When Vigilance is a Good Thing
BEFORE THE SPIN
In a very real way, Wall Street firms have had no time to rest on their laurels when it comes to disaster recovery and business continuity planning (DR/BCP).
In the nearly three years since Sept. 11, we have documented how firms have been compelled to overhaul their DR/BCP plans even though they were hit with a wrenching recession that resulted in severe cutbacks in financial IT spending.
Two years on, just as new systems were put in place, securities firms got hit again—this time with an
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