Disaster Recovery Category

Crises can strike any company at any time. Microsoft, ValueJet, Chrysler, Pepsi and the tobacco industry are some of the most recent companies that can attest to this fact, but they are not the only ones. Crises do not discriminate based on a company's size or notoriety, and they can hit when a company least expects them. They come in many forms - strikes, ... Full article

1.0 Purpose The aim of the UBL, E-Commerce Emergency Plan is: •    To protect staff members •    To protect consultants •    To protect the archives and records of E-Commerce data of consumers •    To ensure business continuity •    To communicate emergency needs and strategies to relevant partners inside and outside the division The primary purpose of UBL E-Commerce is to secure customers’ financial information, employees’ working directories and life safety. More or ... Full article

CorrTec is the only global software solutions provider to the correspondent banking and financial institutions sector of international banking. The corporate mission is to constantly advance CorrTec as a global leader in correspondent banking solution that maximize value to our customers through innovative utilization of technology comprehensive functionality and aggressive pricing. 1.1 Services CorrTec provides a variety of consulting services that compliment our ... Full article

Executive Summary Electronic banking groom with speed that no one expected, industry growth is awesome in a little span of time. E-Banking offer number of services and products that was unpredictable during the manual banking era banks has limited boundaries and the source of competitive advantage is very difficult to obtain. Man power was the only weapon to get advantage over the benefits. E-Banking benefits can’t be denied but on the other hand the risks are on high side. The banks require keeping the balance of benefits versus risk. The marketed offerings welcome the huge customer base but to retain the customer lot of homework need to be done by the banks. The risks related to E-banking are categories to define it more specifically in order to develop risk mitigation strategy. The reach of the customer is both nationally and internally and banks have to face beyond the national boundaries to resolve their customer problem. The open and close network of E-banking increases the complexity; close ended channels include all the delivery channels offered by the bank on the other hand open ended networks like internet is subjected to security and reputational risk. The risks related with E-banking are needed to identified, manage and control. The rules and regulation should be define by the central authority and share it with all the banking organization in order to reduce the level of risk. The risk can be measure on both quantities and qualitative way. The risk management can’t be same for every bank, and it’s very difficult to apply same rule to every banking organization because change in technology is unpredictable, size and the infrastructure of the bank matters. This report will discuss the risk management strategy based on some basic characteristics of E-Banking. Full article