Disaster recovery passes ultimate test
TECHNOLOGY NEWS
NEW YORK -- Disaster recovery systems have been put to the ultimate test over the past two weeks -- and most banks have reported few glitches with their procedures.
One analyst said preparations made for Y2K may have helped banks prepare their data recovery and processing systems for the events of September 11.
While no-one could have predicted the scale of the devastation caused when the twin towers collapsed, destabilising much of the surrounding World Financial Center, Merrill Lynch was not
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