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Top 3 Cloud Backup Dangers and How to Avoid Them

  • Top 3 Cloud Backup Dangers and How to Avoid Them-

    Compliance Requirements

    Data Danger #2 – Underestimating Your Role as the Compliance Data Steward

    No matter where the data is housed, on-premise or via the cloud, the compliance requirements are the same. Organizations must be able to show that their information is backed up at least once a day and demonstrate that any missing information can be restored. As far as regulators are concerned, the business – not the SaaS vendor – is responsible for owning the data, protecting it, and backing it up. Accepting the role of de facto data steward is especially critical as companies are placing more and more sensitive data into SaaS and PaaS applications.

    For example, financial institutions are increasingly deploying cloud-based applications for customer transactions. Lost bank records due to inadvertent user error could result in the loss of hundreds of millions of dollars in lost loan data that could take years or months to recover, if at all. This level of compliance offense has a catastrophic impact on the business and often generates irreparable damage. To avoid such a scenario, businesses need to own their responsibility as compliance data stewards and maintain tight control of their data even when it is housed outside the four walls of their organization.

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Top 3 Cloud Backup Dangers and How to Avoid Them

  • 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9
  • Top 3 Cloud Backup Dangers and How to Avoid Them-3

    Compliance Requirements

    Data Danger #2 – Underestimating Your Role as the Compliance Data Steward

    No matter where the data is housed, on-premise or via the cloud, the compliance requirements are the same. Organizations must be able to show that their information is backed up at least once a day and demonstrate that any missing information can be restored. As far as regulators are concerned, the business – not the SaaS vendor – is responsible for owning the data, protecting it, and backing it up. Accepting the role of de facto data steward is especially critical as companies are placing more and more sensitive data into SaaS and PaaS applications.

    For example, financial institutions are increasingly deploying cloud-based applications for customer transactions. Lost bank records due to inadvertent user error could result in the loss of hundreds of millions of dollars in lost loan data that could take years or months to recover, if at all. This level of compliance offense has a catastrophic impact on the business and often generates irreparable damage. To avoid such a scenario, businesses need to own their responsibility as compliance data stewards and maintain tight control of their data even when it is housed outside the four walls of their organization.

Cloud adoption shows no sign of slowing down. Couple high reliability and high availability with minimal IT overhead management costs, and it is easy to see why so many organizations are implementing cloud-based infrastructure and software-as-a-service (SaaS) applications. And yet, few have the mechanics in place to protect the data within their SaaS infrastructure. Most organizations still mistakenly assume their SLA agreements cover data (they don't) or rely on legacy backup tools to handle new cloud-based systems (they can't).

In an age where data is the lifeblood of every business, companies are vulnerable to costly, irreparable damage if they aren't prepared to protect data within the SaaS infrastructure from cyber threats, data loss, malicious (or careless) employees, and simple user errors.

In this slideshow, OwnBackup CEO Sam Gutmann outlines the top three data dangers lurking in cloud environments and offers three tips for how to manage data protection and backup in a SaaS-based world.