It’s really scary how the financial institutions in Karachi are running their operations without any disaster recovery plan. With the exception of a few, most banks are running their ATM systems on high-end servers but they only have an ad-hoc solution for data protection. They do take backups but they are hardly verified and no one knows how much of their data will be recovered if the storage crashed on them all of a sudden, or how long it will take to restore their servers to an operational state. How important is that data, you ask? Well, I am talking about records of all the transactions that a bank’s ATMs processed on a given day. Imagine you made a transaction worth ten thousand bucks on your ATM and next morning you don’t see any record of it because the bank lost all the data. Doesn’t that send shivers down your spine?
But things are changing. By the end of the year most banks will have deployed state-of-the-art disaster recovery solutions. Guess who’s designing all these solutions for them?