Disaster Recovery Procedures & Flood

Question:

Would someone share your security procedures for branch offices in the event of an advance knowledge of an expected disaster, such as a flood?

Answer:

If you have safe deposit boxes at your branches, there is a specific 60 page Disaster Recovery "flooded vault" manual available through the BOL product store.

This manual provides very specific procedures to follow; before, during and after the vault floods.

It is the accepted standard nationwide.These procedures were written based on mistakes made by many financial institutions after their vaults went under water.

First published on BankersOnline.com 1/20/03