The OGO Blog

Connectivity Credit Unions Don’t Want to Lose During a Crisis

Whether it be a temporary business interruption or a catastrophic event, there are certain data connections that Credit Unions don’t want to lose. Crisis connectivity is important to think about. To mitigate that risk and minimize the member impact and related financial losses during an interruption or event, you have to first determine and prioritize your critical…

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How Will A VM Host-based Recovery Improve My Credit Union RTO/RPOs?

Credit Unions all share a common disaster recovery goal….improving Credit Union recovery time objectives (RTO) and Credit Union recovery point objectives (RPO) for their systems and applications to ensure business continuity when a disruption or disaster occurs.  In short, the RTO defines how long a system or application can be unavailable before there is a…

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Why Do Credit Union Disaster Recovery Tests Fail?

Successful Credit Union disaster recovery test (s) do not prove that a disaster recovery plan will succeed, but failed tests do prove that plan will fail. And that is what makes testing so important.  Testing helps to identify missing gaps in your recovery plans.  If a gap or defect is identified in a safe environment, you…

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3 Key Resources For Supporting Your Disaster Recovery Strategy

Does your Credit Union have the necessary resources needed to resume business operations in the event of a disruption or disaster?  Disaster Recovery Plans will vary from institution to institution, but these three resources are needed for a successful recovery regardless of the strategy. People – The most important resource you have in your Credit…

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Identifying Credit Union Technology Gaps for a Faster Recovery

Conducting a Business Impact Analysis (BIA) is the first step in building your Business Continuity Program.  The BIA report describes potential risks and the projected financial impact to the Credit Union when a business disruption or disaster occurs.  Equally important, though, it also outlines processes and functions within each department and functional areas and ranks…

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5 Great Disaster Recovery Tips For Credit Union CIOs

You can’t anticipate every disaster, but preparation and testing will go a long way towards recovery when an event does occur.  Credit unions should embrace the Boy Scout motto of “Be Prepared” when it comes to their Disaster Recovery (DR)/Business Continuity Plan (BCP).  Some Credit Unions perform testing on a quarterly basis, though most do…

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Why Are Tabletop Exercises Important To My Credit Union DR/BCP?

The Importance of Tabletop Exercises    A tabletop exercise is an exercise designed to test the theoretical ability of a group to respond to a situation.  In a tabletop exercise, a hypothetical disaster scenario, such as a fire, major weather event, or pandemic, is provided by the facilitator, and the participants “act out” their reactions…

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3 Credit Union Disaster Recovery Plan Myths Debunked

In today’s ever-changing threat environment, a Credit Union should be prepared to continue normal business operations in the event of any disruption or disaster.  A burst pipe can be as crippling to its operations just as much as weather events, such as hurricanes, tornadoes, and earthquakes – especially if you have a Business Continuity Plan…

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