data loss

Data Loss Can Derail an Organization

By Michael
February 26, 2015

Increasingly, data loss is becoming an existential threat for many organizations. In this day and age, data is at least as valuable as currency. Entire companies are built around gathering, organizing, analyzing and projecting data sets. Many more businesses use data as a crucial part of their enterprise. Still others offer data to their customers and/or house data for their clients. In short, a problem with data is a problem with the entire organization.

That’s why it is troubling that a new report stated CIOs are not focused on data protection as much as they should be. Additionally, the U.K. Ministry of Justice has dealt with recent data loss involved in three high-profile inquiries.

Data loss involved in three Ministry of Defense incidents
Disks containing data related to three independent inquiries went missing in January, according to IT Pro, and it is unclear how they disappeared or where they are now. There is no indication of malicious activity, but little evidence of any type exists.

“At this stage there is no evidence to indicate that the information loss arose from malicious intent,” the Ministry said in a statement. “Nevertheless, it is essential to take the most precautionary view and to take all necessary steps to safeguard the interests of anyone whose information could be disclosed.”

Companies to blame for data loss
A new report from Vision Solutions listed the top five reasons for data loss, and hackers were not among them, reported CIO Insight. Rather, internal issues like storage failure and the lack of a backup tape management system were mostly to blame. There is no excuse for these shortcomings to exist when there are high-quality tape and vault management software programs available.

B&L Associates offers platforms such as VaultLedger to allow an organization to organize, track and manage backup tapes across locations and vaults. The system leverages barcode scanning to provide accurate tracking and defensible audit trails.

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