Question on: SS2 ICT - Handling Computer Files III

Describe a situation where the backup and recovery feature of computerized files could be critical for an organization's operations.

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Consider a financial institution that relies on computerized transaction records. If their system experiences a catastrophic failure due to hardware issues or cyberattacks, they could lose critical financial data. The backup and recovery feature of computerized files would be essential in quickly restoring the lost data and ensuring the institution's operations continue smoothly without significant financial loss or regulatory violations.

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