This Guidance helps credit unions back up application and database layers of core banking platforms for disaster recovery. Financial institutions that store data must be prepared not only for natural disasters, but also for cyberattacks, ransomware attacks, and data breaches. To keep customer’s personally identifiable information (PII) safe, credit unions must prioritize and plan for efficient disaster recovery to quickly resume continuity of business operations. This Guidance helps credit unions prepare for disaster recovery while also staying compliant with requirements such as General Data Protection Regulation (GDPR), Gramm-Leach-Bliley Act (GLBA), and Federal Financial Institutions Examination Council (FFIEC).
