A computer glitch stopped trading for 40 minutes in more than 200 stocks at the New York Stock Exchange today. One of the key computer servers used to conduct trading lost connectivity to the trading network. As a result, stocks such as General Electric and ExxonMobil were unable to be traded. Until a backup server [...]
Posts under ‘Disaster Recovery’
Survey Indicates Dangerous Backup Practices
Acronis, a major vendor of backup software, conducted an online survey of the backup habits of home users. Out of the 6,091 North Americans that completed the survey, nearly two-thirds (64 %) of users
Air Traffic Control System Vulnerable to Cyber Terrorism
In years past, there have been numerous public cases of hacks and viruses that have taken place across the United States. President Obama announced on May 29 that he will create a new White House office of cyber security, due to the nation’s vulnerability to cyber attacks.
UC Berkeley Data Breach
160,000 individuals who have received healthcare services from the University of California at Berkeley since 1999 have had personal information exposed to overseas hackers.
Announcing Advanced Data Protection
Global Data Vault announces the next generation in disaster recovery solutions: Advanced Data Protection, which combines backup and failover delivered remotely as a service, at a break-through price.
Pandemic and Business Continuity
Schools across the nation have started closing their doors in hopes of minimizing the spread of swine flu. Roberta Witty, research VP for Gartner, said that it is reasonable for managers to expect absenteeism rates of 40 percent or higher in their own companies or among suppliers and partners, resulting in severe operational disruptions. Not [...]
History Repeats Itself
In July of 1993, eight individuals were arrested and later convicted for plotting attacks on key sites in Manhattan. Such key sites included: the St. Regis, the Waldorf-Astoria and the UN Plaza hotels, as well as the Holland and Lincoln tunnels. VP of Counter Terrorism and Corporate Security at Stratfor Fred Burton stated, “The militants [...]
Solving the Distributed Data Problem
Computer hackers. Natural disasters. Careless employees. What do all these things have in common?
Russian and Chinese Spies Penetrate U.S. Electrical Grid
In February, President Obama ordered a 60-day review of the nation’s cybersecurity to examine how federal agencies use technology to protect secrets and data in hopes of closing any gaps that might exist. Two weeks ago cyberspies penetrated the U.S. electrical grid.
Carbonite Data Loss – Our Analysis
The Boston Globe and other outlets reported this weekend that Carbonite lost data for 7,500 customers. Many of these customers were able to make fresh backups before they suffered any real losses. Some, however, were not. Those who were not recieved apologies and credits. All 7,500 most likely lost any prior versions (if Carbonite even keeps [...]