C A S H I N G I N
C A S H I N G I N
Richard Petrie, CTO at the London Internet Exchange( LINX), said:“ Maintaining uptime is critical for banks and financial institutions because they operate in real-time environments where every second counts. Live transactions, customer support systems and mobile or online banking platforms all rely on continuous availability to serve customers and maintain trust. A moment of downtime can significantly disrupt financial transactions, delay payments and create frustration for customers whose businesses depend on these services. Moreover, with the vast amounts of sensitive and confidential data financial institutions handle, any outage could risk data integrity and security, further compounding the impact.“
“ Resilience and redundancy policies refer to the systems and protocols in place to ensure that services remain operational, even in the face of failure. Resilience involves the ability of a system to withstand disruptions and continue operating effectively, while redundancy means having backup systems or paths that can take over instantly if the primary ones fail. For financial institutions, this might include using multiple data centres, network connections, or infrastructure providers to ensure there’ s
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