DataFort Warns
of 'Stable Door Syndrome' on Data Loss Insurance Policies |
| Leading
Off-Site Back-Up Provider Wants To Stop The “DataHorse
From Bolting” |
| Release
date: May 2004 |
| DataFort,
the leading provider of managed off-site data backup,
is warning companies against relying on insurance policies
that pay out on the loss of business-critical data.
The warning follows research from BT which suggests
that as many as 29% of businesses with insurance policies
are covered for compensation should the worst happen
to their digital information. |
| “While
many of these policies require claimants to have data
back-up policies in place, the quality of these solutions
differs widely,” explains Gavin Smith, Founder
and CEO of DataFort. ”Physical storage is fallible,
and while the safety-net of compensation is welcome
there is a real danger of companies becoming complacent
over their data back-up policies. Data loss should be
prevented not compensated." |
| According
to the BT report, more and more companies are taking up
such insurance policies. However, it also reveals that
24% of companies have no data back-up system in place
whatsoever, while a shocking 87% don’t back-up laptops. |
| “The
research is a real Jekyll and Hyde affair,” adds
Smith. “On one hand it shows a sizeable percentage
of companies paying for insurance against data loss,
while at the same time revealing worrying levels of
ambivalence when it comes to installing back-up systems.
There appears to be a great deal of confusion, at least
among BT’s research sample, in how to go about
assessing and implementing a robust, cost effective
data back-up and storage solution.” |
| Smith
cites recent threats to business data from solar flares
and the proposed changes to the Civil Contingency Bill,
as reasons why a preventative approach to data recovery
is a must. “Had we taken a direct hit from the largest
solar explosion there would have been considerable disruption
to power grids. Similarly, new emergency legislation can
bar you from your premises and confiscate equipment indefinitely;
you just can’t plan for these situations.” |
| Smith
is urging companies worried about their back-up strategy
to take advantage of DataFort’s free ‘Backup
Health Check’, which delivers an audit of current
backup systems and offers advice on improving risk management. |
| Concludes
Smith: “For many companies their data is critical
to their business, and an insurance pay-out is of little
use if there isn’t a company to continue trading.
Solutions exist that can automate data back-up making
it hassle free and extremely cost effective. The best
form of insurance is to prevent a critical situation in
the first place.” |
| |
 ABOUT
DATAFORT
DataFort provides
dependable secure off-site computer information storage with
a focus on functionality and convenience for the end user. The
company was founded in 2000 and is headquartered in Guildford,
UK and New York, USA. It’s software and services are used
by thousands of businesses worldwide - ranging from small SMEs
and schools through to quoted companies and local government.
Every hour of every day someone, somewhere backs up with DataFort. |
CONTACTS
Marcie Terman
T: +44 (0) 1483 872 052
E:  |
