Disaster recovery -- the new Y2K?

WORLD TRADE CENTER AFTERMATH

Disaster recovery (DR), or business continuity planning, is probably the most pressing issue in financial services IT in the aftermath of the World Trade Center attack in New York on September 11.

"DR is starting to emerge as this year's Y2K," said Henry Young, director of product strategy at financial IT consulting company TS-Associates in London. He was referring to the financial service industry's rush to rectify computer systems ahead of the year 2000 for fear computers would not recogni