When valuing a company, three items stand at the top of the list: While the first two points are often discussed, processes and protected data are less sexy and less often examined. Yet ignoring these areas often results in company failure. Successful organizations have defined processes for their usual tasks – whether it’s an 8-step “widget” manufacturing process, or NASA’s …
The concept of protecting valuable assets has been around for a long time. In fact, the oldest lockable device with keys was found in the tomb of Pharoah Ramses II of Egypt (1213 BC). Safe deposit boxes became popular in the UK and US in the late 1700s and 1800s, protecting important documents and other valuables in a secure place …
Subscription services are immensely popular for personal and professional use. These services have evolved to meet consumer demand from when Netflix used to mail DVDs on demand, to current subscription programs where companies pay to use the most-updated popular computer programs. Many mid-sized companies now subscribe to fractional CFOs, providing the expertise needed at a fraction of the cost for …
A recent survey from a data storage company examined the causes of corporate data loss1. The results were a bit surprising, with “human error” nearly equal to hardware failures and virus/ransomware. The noted causes included: Let’s look at each of these main causes individually – Hardware Failure As business owners and IT professionals, we are very aware of the perils …
Everyone thinks it won’t happen to them. Garmin is a huge company that makes sports watches and related products as well as GPS and mapping systems and flight mapping systems for airline pilots. On July 24, 2020, Garmin’s entire computer infrastructure was taken down by a ransomware virus. This type of virus encrypts your files and then a ransom is …
I can strongly recommend your verified backup solution to anyone using a database that is essential to their business. I have previously worked in IT for the military. While I cannot go into details on what I did, I can say that if I had access to the kind of product you are offering, it would have saved me several …
It was 1993. I was called to meet with a new client. They were in an extremely hard way. The company, a small manufacturer’s representative, had experienced a type of data loss that few anticipate: their single computer had been stolen. But they had backups, right? Yes. They had a tape backup system. With one tape. That they left in …
Think your SQL databases are backed up by your routine file backups? Think again. A large St. Louis company was backing up their critical payroll database every day – or so they thought. When a virus hit the system and scrambled their files, they discovered an error in their database backup process and all their backups were, in fact, nine …