CAMBRIDGE, Mass. — While businesses of all shapes and sizes, including credit unions, often point to data security as a vital issue, perhaps not all that many have centralized, enterprise-wide business continuity mechanisms in place in case of a data emergency, according to a new report.
But many of them are doing something about it. Forrester Research says 56% of technology decision-makers at some of the world's largest corporations in a recent survey cite purchasing or upgrading crisis response plans as either an "important" or "critical" endeavor for the next fiscal year.
Most of these same companies, however, are sorely lacking in the ability to implement such plans if/when the time occurs, according to Forrester analyst Stephanie Balouras. Moreover, the plans are often limited to basic Microsoft Word or Excel files focused on process versus action.
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