Survey: Some banks not quite 'safe as a bank'
-- and so many thought they were - Balvin

BY CHARLES F. MOREIRA

KUALA LUMPUR: Less than half the banks surveyed in the Asia Pacific region (excluding Japan) have met an acceptable portion of their disaster-recovery processes, said a market analyst last week.

Cyrus Daruwala, Financial Insights managing director for research and consulting (Asia Pacific), said the survey shows that some have business processes and infrastructures that are less protected than they perceive.

He was presenting key findings of the EMC-sponsored “Financial Insights Compliance Survey 2005” in Kuala Lumpur. Financial Insights is a subsidiary of market.....http://star-techcentral.com/tech/story.asp?file=/2005/12/13/corpit/12808029&sec=corpit