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Banks can effectively choose their regulators by deciding whether to:
Disaster Recovery Plan
A documented, structured approach with instructions for responding to unplanned incidents such as natural disasters, power outages, or cyber attacks, to quickly restore hardware, applications, and data.
System Failure
The complete malfunction or significant disruption of a system’s operations or processes.
A method of sending messages electronically via the internet from one computer user to one or more recipients.
Network Messages
Digital communications sent between computers or devices on a network to exchange information or data.
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