Data breaches are a significant concern that all companies that should be cognizant of, particularly those that operate in highly regulated industries governed by stringent compliance requirements. Unfortunately many companies have been slow to truly understand and grasp the challenges associated with data security. Such companies are exposing themselves to risk in the event of a data breach, and the damage done could be devastating.
Every several weeks news of a significant data breach seems to make headlines. Most recently, TD Bank lost data that affected over 260K US account holders. In March several backup data tapes containing personal information, including account data and social security numbers, were misplaced. The tapes were unencrypted, meaning that anyone can access the data found in the tapes. Surprisingly, TD Bank waited for six months before they actually reported the incident to the attorney general for each affected state.
This once again reinforces the advantages in replacing a tape backup solution with a cloud backup solution. Tapes require human labor, through such actions as transporting tapes from one location to another. This need is removed by storing data in the cloud, thus preventing any chance of lost or stolen data. Moreover, tape data can potentially degrade over time aE” a concern that is alleviated by the cloud.
Essential Data Services offers cloud data backup and recovery solutions through partnerships with IBM and Asigra. We ensure that your data is encrypted at both rest and in flight using stringent FIPS 140-2 certification, a requirement in compliance with the National Institute of Standards and Technology (NIST).
For more details, contact us today at 1.866.408.2737 or info@essentialdata.ca.