Disaster Recovery


Excerpts from the FFIEC Ruling of July 1989


"Contingency planning is a process of establishing strategies to:"

  • Minimize disruptions of service to the institutions and it's customers
  • Minimize financial loss, and
  • Ensure a timely resumption of operations in the event of a disaster
Appendix

IV. Evaluate critical needs

  • Functional Operations
  • Key Personnel
  • Information
  • Processing Systems
  • Documentation
  • Vital Records
  • Policies/Procedures

V. Determine strategies to recover

  • Facilities
  • Hardware
  • Software
  • Communications
  • Data Files
  • Customer Services
  • User Operations
  • MIS
  • End-User Systems
  • Other Processing Operations

Excerpts from the FFIEC Ruling
UPDATED March 2008

Business Continuity Planning
Appendix B Glossary Subsection

  • Alternate Site Test
  • Business Continuity Plan (BCP)
  • Business Continuity Test
  • Business Recovery Test/Exercise
  • Recovery Site
  • Recovery Vendors
  • Walk-Through Drill/Simulation Test