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BUSINESS CONTINUITY AND DISASTER RECOVERY PLANNING
What is Business Continuity Planning (BCP) in the context of banking?
BCP is a proactive process that ensures critical business functions can continue during and after a disaster or disruption, minimizing operational losses and maintaining customer service delivery.
What is the primary objective of a Business Continuity Plan in banking?
Ensure critical banking operations continue during disruptions.
What is the primary difference between Business Continuity Planning and Disaster Recovery Planning?
BCP focuses on maintaining all critical business operations during a disruption, while DRP specifically addresses the recovery of IT systems, data, and infrastructure after a disaster.
What is a Tier 1 data center in the context of disaster recovery infrastructure?
Basic site with no redundancy and 99.671% uptime guarantee.
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