Courtney Buchanan's picture

3 Tips for Banks to Mitigate BYOD Risks

Banks collect and store mountains of data about transactions, customer accounts and trades, and the majority of that data is highly sensitive. Last December when Barclays failed to properly back up electronic records, emails and instant messages, it faced a $3.75M fine. A failure to back up financial data violates U.S. regulations and has a severe impact on a company’s reputation and database.

In the BYOD era, financial institutions face the same challenge as other industries when it comes to securing mobile data. Bill Carey, vice president of marketing and business development at Siber Systems, notes three solutions to the most common security threats for banks, according to InformationWeek:

Marguerite McNeal's picture

Behind the Design: How One Art Director Protects Her Work

New research backs what IBM founder Thomas J. Watson said more than 50 years ago: “Good design is good business.” Design-driven companies have outperformed the Standard & Poor’s 500 stock market index by 228 percent in the past 10 years, according to an analysis from the Design Management Institute and consulting firm Motiv Strategies.

Maeghan Ouimet's picture

Report: Data Breach Cases Rise, Companies Must Rebuild Trust

It's safe to say you've entered your personal information at some point online. Whether it's a new doctor form, a purchase form, or a crowdfunding campaign, most people in today's world have given some pretty intimate details away on the Web. Before the advent of the Internet, this information was usually stored in a file folder behind a desk. Today, though, if not protected properly, it can show up in a myriad of unwanted, sometimes very public places.

Marguerite McNeal's picture

3-2-1: A Simple Rule for Complex Data Protection

When companies lose data, the ripple effect reaches all the way to the bottom line. For a gargantuan company like Amazon, data loss and its associated downtime would cost more than $65 million per minute, Acronis Fellow Joel Berman writes in TechRadar. For small and medium businesses, downtime can be just as painful.

In a study from Acronis and IDC, 80 percent of SMBs estimate that data recovery costs $20,000 per hour. The remaining 20 percent put that figure at more than $100,000 per hour. 

Courtney Buchanan's picture

Behind the Scenes in Space: Protecting Extraordinary Amounts of Data

The scale of data backup for corporations and even wedding photographers and music producers can be impressive, but when it comes to sheer amount of data, space programs are in an entirely different galaxy. The Australian Square Kilometer Array Pathfinder Telescope streams 2.8 GB of data every second — which would take nearly two million years to play back on a music player — and the Hubble Space Telescope transmits 120 GB of science data every week — comparable to 3,600 feet of books on a shelf.

Megan Van Vlack's picture

Shadow IT: Healthcare Industry Scourge or Opportunity for Growth?

In May this year, two New York City hospitals — New York-Presbyterian Hospital and Columbia University Medical Center — were slammed with a whopping $4.8 million fine from the U.S. Department of Health and Human Services, the biggest HIPAA fine in U.S. history. The hospitals were fined for failing to protect patient information under HIPAA privacy laws due to an incident in 2010 when the electronic health data of 6,800 patients were made public on the Internet. According to the HHS investigation, the incident unfolded because a Columbia faculty member attempted to deactivate a personally owned service that was connected to the hospital's network where the patient data resided. 

Jeff Loeb's picture

Data Protection Is Truly About Fast, Reliable Recovery: 8 Noble Truths

To help organizations better understand the challenges of backup, disaster recovery and secure access, Acronis has created the 8 noble truths of data protection. This is the sixth post in an eight-part series to protect your data:

If you think about it, data protection is more about recovery than backup. Backup is a means to an end. Regular backups ensure that up-to-date information is available to be recovered when needed so when the inevitable disaster occurs — whether due to hardware failure, a flood or just user error — you can quickly recover critical data and keep the business running. To paraphrase Bill Clinton, "It's the recovery, stupid."

Derek Korte's picture

IDC: Data Growth and Complexity Are Key Challenges Facing SMB IT Departments

The twin pressures of increasing data volume and complexity are the primary data protection challenges for small- and medium-sized IT departments today, according to new research from IDC and Acronis. With more and more data to protect, on more devices and in physical, cloud, virtual and mobile environments, data protection is more challenging than ever.

Maeghan Ouimet's picture

10 Simple Steps to Data Storage Backup

Backing up data may seem like a hassle, but it's important — especially when it comes to recovering data that could otherwise be lost. Thinking about linking a device to a computer or waiting while it syncs with the cloud seems like a productivity killer but, in fact, it could be a productivity saver.

Businesses' adoption of cloud, mobile, virtual and other technologies have complicated IT's data protection task. Changing practices among both businesses and employees won't happen overnight, but, according to Enterprise Storage Forum reporter Drew Robb, there are some steps any employee or company can take to save information and time:

Courtney Buchanan's picture

Increased Mac Adoption in the Workplace Forces IT to Support Multiple Platforms

Windows is known as the workplace platform, but Macs are gaining more traction in the enterprise because of widespread BYOD acceptance and other factors. Many companies are addressing this shift by allowing employees to choose between a Mac or PC and offering IT support for both platforms. 

The Rising Trend of Macs in the Workplace

Apple products in the workplace are expected to grow to 11 percent by 2015, an increase from 8 percent in 2012, according to Forrester Research. Forrester and other analyst firms attribute Apple's rise in popularity among business users to an iPhone "halo-effect," meaning iPhone users wish to use other Apple products while at work. 

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