contingency plan

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Related to Disaster recovery: Disaster Recovery Plan

contingency plan

tactics which would be adopted in the event of a firm's original plans being thwarted. It is important for a BUSINESS to establish contingency plans so that they have a fall-back position. If, for example, a key component supplier is unable to deliver on time, the firm should have alternative suppliers lined up to avoid excessive disruption to its own production process.
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The first step in creating a disaster recovery plan is to form a disaster recovery plan/crisis management team, which will be responsible for creating and maintaining the plan, and managing it in the event of any business interruption.
Respondents to a survey of more than 600 business continuity and disaster recovery professionals in New England reported only 16% of companies tested their continuity plans more than twice a year and 10% tested their plans less than once a year.
The major conclusion and lesson to be learned: The 9/11 tragedy is very likely to spur use of the Internet and Internet protocol (IP)-based networking as the next generation of disaster recovery plans evolve.
Disaster Recovery Yellow Pages comes packaged in a loose-leaf binder.
This will allow Chinese government agencies and enterprises to quickly launch remote data backup and remote disaster recovery networks, providing more efficient data protection and access to important data even in the event of a disaster.
Tape has been a de facto standard for backup and recovery for years, but corporations are realizing that it doesn't have the ability on its own to handle all of their disaster recovery requirements.
Committee members should maintain a current list of outside sources whose services would be used in the disaster recovery process (for example, computer vendors and the telephone company).
0 Linux disaster recovery system is able to boot off a wide range of devices, including: IDE, SCSI or USB CDROM/DVDROM drives, USB keys, and a network-attached boot server.
Such is the case with disaster recovery and data backup.
This report covers the adoption of business continuity and disaster recovery (BCDR) applications across the US business market.
Nevertheless, the majority of large financial services firms developing updated disaster recovery plans in response to the white paper have elected to extend the four key practices to their retail banking and trading functions.

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