Banking and insurance business continuity practices and investment plans

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      <subfield code="a">Nearly half of bankers say new or upgraded data recovery/business continuity capabilities technology is a high priority in the coming year -- More insurers see new or upgraded disaster recovery/business continuity capabilities as a critical priority during the same period -- More than two-thirds of insurers have one backup data center; one-third of bankers are likely to have more than one -- Banks are most likely to own their backup site, while insurers are more likely to turn to outside service providers -- Backup data centers are most likely to be separated by long distances, regardless of the industry -- Two-thirds of banks indicate no interest in backup as a managed service, instead preferring on-premise backup -- Insurers have interest and plans when it comes to new backup and recovery tech</subfield>
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