IT-9 Essay Example | Topics and Well Written Essays - 500 words

IT-9 - Essay Example Assuming that my bank was built not so much on commercial accounts, but those from consumer accounts, recovery methods would be streamlined in order to prevent a horde of angry customers who withdraw their accounts from our bank in search of another, more efficient bank. It would be difficult to say that one is more important than the other, because I think it would depend on the nature of the specific business as to whether one evaluation factor provides a better outcome. RTO, recovery time objective, is a metric which determines the maximum amount of time that a specific business-related transaction can be allowed to not function without harming the business. RPO, recovery point objective, measures the volume of "in-process" transactions that can be lost without causing significant harm to the business activities. For example, RTO evaluation might determine that electronic deposit transactions could be delayed for 36 hours without affecting the customer or profitability objectives. As part of the recovery process, 24-36 hours should be the maximum allowed time to be without deposit verification. RPO might determine that only a small amount of transactional data can be lost without causing financial woes, so the recovery efforts must back-up and protect these important transactions immediately when a failure occurs. If the bank is large enough, RPO might be more important than RTO; or vice versa. Yes, I believe that the life cycle management efforts are a quality option for ensuring that the appropriate amount and substance of data is kept, rather than constantly backing it up and storing it for years. Any business is going to have outdated data, possibly in need of removing information, say, when an old CEO has left and another has taken his or her position. All of the files associated with the original position, unless mandated by law, would be of little to