MOUNTAIN VIEW, CALIFORNIA -- US-based storage software manufacturer Legato Systems said in September that most firms lack comprehensive disaster recovery strategies. The company analysed consulting inquiries it received after the September 11 2001 attacks on the US and found that many companies had invested in routine data backup, but had not implemented detailed planning to resume business activities after a crash.
Legato said the biggest problems in resuming business after an interruption
- Brexit novations ‘on hold’ to gain reg relief
- Banks hope final FRTB rules will ease NMRF burden
- Functional programming reaches for stardom in finance
- People moves: Bank of America names new Apac chiefs, Wilkinson leaves LGIM, Lloyds loses Coutte, and more
- Mifid data publishers drag feet on Esma guidelines