With the world becoming more and more connected, it is almost unimaginable that a bank would run without having an IT disaster recovery plan in place, according to Yasser Zeineldin, CEO at eHosting DataFort.

Zeineldin's comments came ahead of eHosting DataFort's participation at MEFTEC, the world's premier financial technology event for emerging markets that focused on the Middle East, Africa and South Asia (MEASA) region. MEFTEC was held at the Dubai International Convention and Exhibition Centre from April 25 - 26.

He added: "Banks have to protect their IT infrastructure from hardware and software failures, cybercrime and natural disasters. With the emergence of new age technologies such as online and mobile banking, the threats landscape has become more sophisticated. Therefore, disaster recovery and business continuity solutions have become even more crucial."