Disaster Recovery Plans & Wall Street
Wall Street certainly has a new friend in government. We’ve always thought that juggernaut Goldman Sachs excels in their industry like few others, and in recent years, this was in no small part because of their CEO Hank Paulson. Known for his astute intelligence and his ability to cross political lines, he’s now serving the United States in an entirely different capacity: as the new Secretary of the United States Treasury. As we’ve read in this article on MSNBC, one of Paulson’s first acts in his new position has been to assess the preparedness of the financial markets in dealing with another tragedy on the level of September 11th. We enjoyed in particular this section of the article:
Scott Parsons, US deputy assistant Treasury Secretary said the utilities had made “tremendous improvements” but added: “We remain concerned about how to provide better resilience in telecommunications, which is the financial sector’s single biggest dependency.”
In this flat world, as Thomas Friedman so often calls it, it is vitally important that the backbone of our economic well-being as a country - namely, Wall Street and its many institutions - remain capable to function in most any disaster. This means, among other things, having an advanced and workable disaster recovery plan in place.
Of chief concern in a disaster recovery plan in how your day-to-day operations can continue, and this requires, at the most basic level, available electricity and other utilities. This is why working with a data center, such as Telehouse America at the Teleport in Staten Island, that has on-site diesel generators and a substantial supply of readily available diesel all the more important. We’re pretty comforted to know that our data center has experienced little to no downtime, even in the wake of the September 11 and the Blackout of 2003.
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