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The Greatest Disasters Due to Data Loss

The Greatest Disasters Due to Data Loss

Like most things in life, you’ll never know the true value of your company’s data until it’s gone. Experts the world-over agree that companies that aren’t able to resume operations within ten days of a disaster hit are unlikely to survive. Hardware failure and human error aside, companies face the very real daily risk of Mother Nature’s fury with natural disasters known to wipe out entire data systems, and of course, the threat of hackers bypassing your company’s security protocol, getting behind its firewall and gaining access to its master user access information.

From the data breaches of giant tech firms, to the infringement of federal employers, to numerous hacks within the health-care industry and large caches of data stolen from online sites, 2015 has seen a snowball of cyber attacks. Companies are fast realising the huge, devastating and sometimes irreversible impact not having rock solid electronic data protection and a state-of-the-art storage infrastructure can have on your business.

“According to The Washington Post, in 2014 there were 780 data breaches. While similar statistic comparisons are not available for this year as yet, a series of recent major data breach nightmares across continents have reiterated the importance of reliable cyber security systems,” say Tony Holmes, CEO of Back Up Storage Facility (BSF). A leading specialist in the backup, transportation and security of both electronic and hard-copy data BSF is in the game of providing unparalleled protection and known as ‘the bodyguards’ when it comes to precious data.

“Often all it takes is one hit and an entire empire can come crashing down…in literally seconds,” warns Holmes. “Take the massive breech involving United States’ federal agents. The US Government is still reeling in disbelief over the breech of the personal data of at least 22.1 million people, including four million federal employees and contractors. Officials say the breach, believed to have been carried out by a militant hacking unit, could potentially affect every federal agency after all information stored on databases, including employee job assignments, performance reviews and training, was compromised. Then there was the series of health care security breaches, including the CareFirst BlueCross BlueShield breach that saw hackers gain access to a 1.1 million member database stealing medical claims, employment, credit card and financial details; and the Anthem medical insurance breach that exposed an astonishing 80 million patient and employee records.”

Holmes continues to say that a billion-dollar bank cyberheist affected as many as 100 banks around the world. The breaches infiltrated the banks’ networks using tactics such as phishing and gaining access to key resources, including employee account credentials and privileges. The breach at Harvard University followed in the footsteps of eight other education breaches this year, while the shutdown of Sony Pictures Entertainment computer network (as a precaution) poked holes in the giant tech firm’s security system. An investigation into the fatal crash of Airbus A400M that left four dead, highlighted the tragic effects compromised data can have after investigators found a critical part of the configuration data in three of the aircraft’s four ECUs – a file storing torque calibration parametres for each engine – was somehow ‘accidentally wiped’ when the software was being installed. As a result, three of the aircraft’s engines automatically shut down in flight and the plane crashed. Then there’s the still-unfolding leak of a controversial online dating site, in which the details of 33 user accounts were stolen and leaked to the public earlier this year, as well as the July breach of New York magazine’s site by hacker ‘Vikingdom2016’ who crashed the site for ‘no apparent reason’.

“These are just a handful of thousands of cases not mentioned that show just how brazen and smart 21st century hackers have become at exploiting weaknesses in computer systems and network,” says Holmes. “It drives home the critical importance of protecting your data – every second of every day. At BSF the security of data is our first priority and we will ensure that you will never be a victim of theft or sabotage. BSF continues to be a 100% anonymous provider of backup and storage solutions in South Africa.”