The United States was dealt some billion-dollar blows in 2012, what with tornadoes, hurricanes, and, of course, Superstorm Sandy. Businesses, including credit unions and other financial institutions, were not exempt from the fallout. And for those with no disaster recovery plan in place, the downtime was particularly devastating: Aberdeen Group estimates that just an hour of downtime can translate to $74,000 lost for some small to mid-sized business.

Hindsight, as they say, is 20/20, but given these consistent reminders to expect the unexpected, foresight can be 20/20 too. With a no-fail disaster recovery plan and some regular testing of a proven solution, credit unions can weather any disaster and protect their all-important data, applications and systems from certain destruction.

Prepare Your Team

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.