TAILIEUCHUNG - Business continuity & disaster recovery: lessons from Palestine

Acts of terrorism and various widespread natural disasters have underlined the substantial risk of major operational disruptions to the financial system. Financial industry participants have common interest in promoting the resilience of the financial system to such disruptions1. | Business continuity disaster recovery lessons from Palestine International Journal of Management IJM Volume 7 Issue 1 Jan-Feb 2016 pp. 26-41 Article ID IJM_07_01_003 Available online at http IJM JType IJM amp VType 7 amp IType 1 Journal Impact Factor 2016 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication BUSINESS CONTINUITY amp DISASTER RECOVERY LESSONS FROM PALESTINE Riyad Mustafa Mohammad Abu Shehadeh Research Scholar RTM Nagpur University INTRODUCTION Acts of terrorism and various widespread natural disasters have underlined the substantial risk of major operational disruptions to the financial system. Financial industry participants have common interest in promoting the resilience of the financial system to such disruptions1. 2 The Palestine Monetary Authority PMA being the regulatory authority for the banking system in Palestine has paid great attention to this vital issue due to its importance to the stability of the Palestinian banking system especially in the light of the huge political risk in Palestine resulting from the Israeli occupation and the impact of occupation on all spheres of the Palestinians life mainly the economic sector. As part of the ongoing efforts of the PMA to preserve the safety and soundness of the banking sector enhance the confidence of the public in the banks continuity of the financial services and maintaining the financial stability in Palestine the PMA has adopted a strategy plans and processes to mitigate different kinds of risks facing banks especially in disasters contingency and emergency cases. The business continuity and disaster recovery regulations issued by the PMA to the banking system in 2012 was tested practically during 2014 Israeli war against Gaza. Key words Disaster Recovery Business Continuity Risk Management Crisis Management Alternative Sites AS . Cite this Article Riyad Mustafa Mohammad Abu Shehadeh. Business Continuity amp .

• Quản lý dự án
• Acts of terrorism
• Widespread natural disasters
• Risk of major operational disruptions
• Financial industry participants
• Palestine Monetary Authority