How much downtime can your credit union tolerate?

first_img 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Downtime comes in all shapes and sizes. Whether it’s from a catastrophic storm or fire, a data center outage, malware or even a careless mistake. No one is totally safe, and it isn’t a question of if, but instead when it will strike.With that being said, how much downtime can your credit union tolerate?Datto, our partner in Disaster Recovery, recently compiled an article regarding downtime, and sited a survey of 391 IT professionals regarding their data protection technology. The companies surveyed included mid-market organizations (100 to 999 employees) and enterprise organizations (1,000 employees or more) in North America. Not credit unions directly, but the information from the survey can most definitely be applied to multiple organizations, including the financial sector.According to their research, the amount of tolerable downtime slightly varies but has a similar trend. A combined 65 percent of survey responses indicated they can tolerate less than one hour of downtime. When broken down to specific responses, 22 percent could tolerate less than 15 minutes, another 22 percent said 15 minutes to one hour, and 21 percent said one hour to less than two hours. While there is some variation, everyone agrees that the less downtime the better. While downtime may affect different sizes and companies in various ways, it’s always negative. And no doubt, when it comes to credit unions and regulated industries, the amount of downtime tolerated must be as little as possible. continue reading »last_img read more

"How much downtime can your credit union tolerate?"