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As credit unions expand their reliance on a variety of software solutions and electronic documents, their data backup solutions must keep pace by providing a reliable and efficient means of storing and recovering essential information. Effective data backup supports the level of service members expect and the level of data security regulators require. This is from a new white paper from the CUNA Technology Council, “Backup Takes Front and Center: Capturing the Growing Tide of Data,” which examines: How data backup fits within the business impact analysis credit unions conduct as part of business continuity planning; ·What factors must be considered in choosing the best solutions for backup and recovery of core processing data as well as information from other systems;
- Whether and when to make the transition from tape to disk backup; and
- How to adhere to best practices involving encryption, regular testing of backup systems, adequate bandwidth, and a data retention policy.
Representatives from credit unions, data backup solution providers, and core processing companies share their perspectives in this white paper, and three case studies present examples of organizations that rely on tape backup, evolving disk backup solutions, and a blended approach. According to the paper, the bottom line is that as credit unions invest in additional automated systems and migrate from paper documentation to electronic forms, their data storage, backup, and restoration solutions must evolve as well.
CUNA Council members are entitled to complimentary copies of these and more than 200 white papers; non-members may purchase the white papers for a price of $50 per copy.
Press contacts can download the white paper here (until 8/16):
CUNA Technology Council
Established in 1995, the CUNA Technology Council is a member-led organization made up of more than 500 credit union technology experts across the United States. The Council’s goal is to shape the advancement of credit union technology by leveraging collective peer strength through the sharing of information and fostering of professional development. The CUNA Technology Council is one of the six organizations that make up the CUNA Councils, a network of more than 4,850 credit union professionals. For more information, visit www.cunatechnologycouncil.org or www.cunacouncils.org.