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Which type of safeguard involves having disaster recovery procedures in place to secure data in the event of a disaster or emergency?
Excess Reserves
The amount of reserves held by a bank that exceeds the minimum reserve requirements set by the central bank.
Ability
Ability refers to the capacity or power of an individual or entity to do something effectively, often implying a skill or competence in a specific domain.
Currency
A system of money in general use in a specific country or region.
Loans
Financial agreements wherein a lender gives money or assets to a borrower, and the borrower agrees to return the property or repay the borrowed money, usually along with interest, at a future point in time.
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