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TMCNet:  IT-Lifeline Implements Educational Initiative to Enable Banks and Credit Unions to Speedup Recovery of Key IT Systems Based on FFIEC Guidelines

[December 05, 2013]

IT-Lifeline Implements Educational Initiative to Enable Banks and Credit Unions to Speedup Recovery of Key IT Systems Based on FFIEC Guidelines

SPOKANE, Wash. --(Business Wire)--

IT-Lifeline, a provider of comprehensive disaster recovery and compliance testing solutions for the financial services industry, is implementing an educational initiative to enable banks and credit unions to speed up recovery of key IT systems and data based on FFIEC guidelines.

IT-Lifeline's initiative focuses on educating bank and credit union IT managers on how to more effectively meet recovery time objectives in their business impact analysis (BIA) and enhancing their ability to meet examiners' expectations during audits. The initiative enhances operational efficiency and reduces the risk of losing vital data during a declare disaster. Key elements of the initiative include IT-Lifeline:


  • Analyzing maximum allowable downtimes for IT systems and business processes required by FFIEC guidelines;
  • Assessing recovery time objectives based on business needs and regulatory requirements; and
  • Recommending strategies and solutions designed to enable banks and credit unions to meet recovery time objectives, increase efficiency and enhance regulatory compliance.

"Our initiative educates banks and credit union staff members on how to leverage a compliance framework based on the strict regulatory requirements and recover their IT systems and data in the most cost-effective manner possible," said Brandon Tanner, VP of IT-Lifeline.

About IT Lifeline

IT-Lifeline is the leading provider of comprehensive disaster recovery and compliance testing solutions for the financial services industry. The company's solutions enable bank and credit unions to test the organization's compliance with FFIEC requirements for business continuity and disaster recovery, alongside the institution's ability to protect data and quickly recover key IT operational systems after a system failure or other type of disaster. The company provides compliance testing and recovery services for banks and credit unions nationwide and has been focused on the financial services industry since 2002. Additional information is available at www.itlifeline.net.


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