Data Backup Archives - GenX Solutions

Oct222021 by genxwordadminNo Comments

Why Is Data Backup So Important and What Issues Can It Solve?

Why Is Data Backup So Important and What Issues Can It Solve? An effective data backup strategy is critical to avoid catastrophic data loss. Everything from essential documents containing client work to images for a new promotional campaign may be stored on your local systems. If anything were to happen to your computers, hard drives, or servers, you could lose access to all that data — permanently. But it’s best to understand what common issues pose a risk to your business before you create and implement a data backup strategy. In this post, we’ll look at some of the most common problems that make data backup so important. Physical Disasters that Destroy Your Infrastructure Sometimes, things just go wrong. And no matter how prepared you are, you can only do…

Jun152021 by genxwordadminNo Comments

What is a Disaster Recovery Plan and Why Does it Matter for Your Business?

Data Backup

Certain situations can have a huge impact on your business and its future. Everything from a fire destroying your office to a cyber attack exposing sensitive data could bring your operations to a sudden stop. And this can lead to massive costs and serious reputational damage down the line. For example, ransomware is an ever-present threat to Canadian companies: this form of cyber attack locks users out of their systems or specific files (via encryption) until a ransom is paid. But there’s no guarantee that handing over the requested amount of money will inspire the culprits to honor their part of the deal. The cost of downtime caused by ransomware attacks is $180,000 in Canada (on average), and this cutting-edge extortion practice is (sadly) unlikely to go away anytime soon.…

Feb242021 by genxwordadminNo Comments

What are the Biggest Risks of Operating Without Data Backup?

Data Backup

What are the Biggest Risks of Operating Without Data Backup? In the past decade, data has become deeply ingrained in the daily operations of businesses all over the world. They want to study data to understand what their customers are buying at any given time. They want to gather data from social media channels to assess the engagement power of their latest posts. And they invest in backup services to keep their data secure 24/7. Or, at least, some of them do. Research shows that 76 percent of Canadian companies questioned for a Dell survey experienced data disruption in one year alone. The average cost of data loss exceeded an eye-watering $1.1 million (U.S.). That’s a serious, serious problem for businesses of any size. But startups or smaller companies could…

Dec52020 by genxwordadminNo Comments

Secure Data Backup: 5 Reasons Why Your Business Needs It

Data Backup

Secure Data Backup: 5 Reasons Why Your Business Needs It Data loss is a risk no business can afford to take. Even the biggest brands in the world have to implement effective data backup to defend against potential cybersecurity breaches or disasters. Even if you’ve considered data backup for your SME, the process of actually setting it up can be daunting. We know it’s not easy to find the time. You’re trying to drive your team to greatness, secure conversions, and so on. But it’s crucial that you dedicate time to setting up data backup for your business sooner rather than later. And here are five reasons why. Save money over time The average cost of a data breach for companies and organizations in Canada exceeds $6m. More than 40…

Jan62020 by genxwordadminNo Comments

300 Employees Lost Jobs Following a Botched Ransomware Recovery Process

Data Backup, Information Security

300 Employees Lost Jobs Following a Botched Ransomware Recovery Process More than 300 employees of The Heritage Company, an Arkansas-based telemarketing company, lost their jobs following a botched ransomware data recovery process. Just a few days before Christmas, Sandra Franecke, Owner and CEO of The Heritage Company, informed the more than 300 employees of the company that in October last year, the company’s servers were “attacked by malicious software that basically ‘held us hostage for ransom’ and we were forced to pay the crooks to get the ‘key’ just to get our systems back up and running”. While not naming the attack as ransomware attack, the attack described by the owner and CEO of The Heritage Company is typical of a ransomware attack – a type of cyber-attack that uses…

Jul202018 by genxwordadminNo Comments

Importance of Protecting Your Organization’s Server from Malware

Data Backup, Information Security, Servers

Importance of Protecting Your Organization’s Server from Malware The recently disclosed data breach at Algonquin College highlights the importance of protecting your organization’s server from malware. Algonquin College, in a statement released last July 16, said that on May 16 cyberattacks illegally accessed one of the College’s servers by infecting it with a malicious software (malware). The educational institution didn’t indicate what specific type of malware that the attackers installed on the infected server nor indicate how the attackers were able to get inside the server. The infected server, according to Algonquin College, hosted access to databases which contained personal information. Sensitive information, including date of birth and home address, of 4,568 individuals (students and alumni) may have been exposed, while non-sensitive information of an additional 106,931 individuals (students, alumni…

Apr92018 by genxwordadminNo Comments

9 Dangers of Using Aging Hardware

Data Backup, Information Security

9 Dangers of Using Aging Hardware Chipmaker Intel recently announced that it won’t issue updates to fix the security vulnerability called “Spectre” in some of its processors. According to Intel, the following processors, won’t receive an update for Spectre: Bloomfield line, Clarksfield, Gulftown, Harpertown line, Jasper Forest, Penryn/QC, SoFIA 3GR, Wolfdale line and Yorkfield Line. The processors not supported by Intel for Spectre update are older chips, some more than 5 years old and some are even more than 10 years old. The only exception to the list is the processor SoFIA 3GR which was released in 2015. Spectre is a security vulnerability that affects, not just Intel, but also most of the modern computer processors and operating systems. This security vulnerability enables computer programs to steal critical data processed…

Oct122017 by genxwordadminNo Comments

Why Data Backup Matters

Data Backup

Why Data Backup Matters Loss of your company’s sensitive and important data is no longer a question of if, but when. Data loss in the corporate setting is bound to happen sooner or later. As such, it is important to backup your corporate files. What is Data Backup? A data backup is the copying of sensitive and important data for the purpose of being able to restore them in case of data loss. By having several copies of your organization’s valuable data, it does not matter if one is destroyed as you can easily get another copy. Data Loss Causes Your organization’s valuable data is susceptible to potential loss through the following: 1. Hardware Failure Hardware failure is bound to happen. Computers have a lifespan. They cannot be used forever.…