Fault tolerance (margin of error)

Unless otherwise defined, in the case of a bank, the ability of technical equipment to cope with serious malfunctions, especially electricity cuts (blackouts). – Today, computers are required to continue working for a while without losing data, or to shut down the system in an orderly manner and then restart and restore the state at which the system was interrupted by the malfunction. Appropriate response capabilities are often verified in on-site tests at institutions, organized specifically for this purpose and encouraged by insurance companies or regulatory agencies. – See file management, centralized, IT security, flash crash, IT risks, risk, banking, risk, operational, power risk, technology risks.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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Merk, G. (Hrsg.): „Fault tolerance (margin of error)“. In: Finanz- und Wirtschaftslexikon. https://www.gerhardmerk.de/fault-tolerance-margin-of-error/ (Stand: 25.07.2023).

Die von Universitätsprofessor Dr. Gerhard Merk begründete Sammlung wird seit Herbst 2014 von Professor Dr. Dr. h.c. Eckehard Krah redaktionell fortgeführt und um neue Begriffe ergänzt. Sollten Sie Fehler entdecken oder sonstige Hinweise haben, schreiben Sie an: info@ekrah.com

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