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Reduce Your Data Protection Costs, SAVE up to 50%: The Vault365 Veeam Advantage

Data protection is non-negotiable, but its cost should be flexible, not fixed. For years, businesses have accepted the burden of the traditional software licensing model: large, upfront capital expenditures (CapEx) and the constant risk of paying for licenses you don’t even use.

At Vault365, we believe in a better way. Weโ€™re delivering Full Veeam Protection with Zero Licensing Lock-In, and our customers are realizing up to 50% cost savings by utilizing Vault365โ€™s Veeam Rental Model, as opposed to purchasing licenses through traditional Perpetual or Subscription models.

How is this level of savings possible without compromising on the industry-leading technology? It comes down to eliminating major sources of financial waste inherent in the old model.

 

  1. Eliminate the “Overbuy Technology Tax”

The primary driver of excessive spending in traditional licensing is the requirement to purchase capacity for future growth. You are forced to over-license today to accommodate projected data growth over the next three to five years.

  • If your growth is slower than predicted, that unused capacity is wasted capital.
  • If your growth is faster, you face an unplanned and expensive mid-term true-up.

Vault365’s rental model eliminates this guessing game entirely. You pay only for the exact number of licenses you use each month. By avoiding the need to pre-purchase large blocks of idle licenses, you immediately recover the capital that would otherwise sit unused. This shift from capacity forecasting to precise consumption is a key driver in cost savings.

  1. Convert Cost: CapEx to Predictable OpEx

Vault365โ€™s Veeam Rental Licensing offers the predictability of CapEx, with the benefit of flexibility. By shifting to a Pay-as-you-Go Monthly OpEx model, you transform a major lump-sum payment into a manageable, recurring operating cost. This predictable monthly fee simplifies budgeting and frees up significant capital. You secure Full Veeam Protection while maintaining maximum financial control.

The Smarter Way to Protect Your Data

The customer is always in control: Would you rather deal with rigid, expensive licensing, or choose a flexible, usage-based model that gives you exactly the right level of protection each month? 

Vault365 provides the most resilient, powerful data protection availableโ€”Veeamโ€”but removes the financial burden of the traditional purchasing model. Stop locking capital into software and start using your budget strategically.

With Vault365, you also have the support a Veeamโ€™s Partner of the Year 2025, with a highly qualified team of Veeam Architects and Engineers.

Ready to see how your organisation can achieve up to 50% cost savings on Veeam licensing?

Contact us today to schedule your complimentary financial assessment.

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Blog Vault365

Why Vault365 LocalLock? The New Gold Standard for On-Premises Data Security

At Vault365, we understand that not all critical business data lives in the cloud. Many organisations, particularly those in regulated industries, must & should manage sensitive files and folders on-premise. While cloud-first solutions are great for some, they often leave a significant security gap for local data. That’s why we’re thrilled to introduce Vault365 LocalLock, a powerful new solution that’s set to become the gold standard for on-premise backup security.

Vault365 LocalLock isn’t just a backup appliance; it’s your fortress against modern data threats. Powered by Veeam, our managed immutability service creates an unbreachable, air-gapped security layer for your local data. We’ve engineered this solution to defeat ransomware and meet stringent compliance standards, offering protection that conventional backups simply can’t match.

The Problem LocalLock Solves

In today’s cybersecurity landscape, a standard backup isn’t enough. Ransomware attacks have become incredibly sophisticated, often targeting and encrypting backup repositories to prevent recovery. Furthermore, accidental deletions and malicious internal threats pose a constant risk. Organisations also face increasing pressure to meet strict compliance regulations that demand long-term data retention and integrity.

LocalLock solves these problems head-on by providing a secure, hardened, and fully managed solution that ensures your data is not only backed up but also completely impervious to tampering, deletion, or corruption.

Why LocalLock is the Gold Standard for On-Premises Backup

LocalLock’s gold-standard status comes from its unique combination of security features and our dedicated managed service.

  • Unwavering Immutability

This is the core of LocalLock’s security. An immutable repository means that once data is written, it cannot be altered or deleted. This is a critical defence against ransomware, as attackers are unable to encrypt or corrupt your backups. No matter what happens to your primary systems, your backups remain safe and ready for a fast, clean recovery.

  • Hardened Repository

LocalLock’s appliance is built with a hardened repository, which provides enhanced security against cyber threats. It’s a fortified storage location that’s difficult for unauthorised users to access or compromise. This extra layer of protection means that even if an attacker breaches your network, they can’t get to your backup data.

  • Fast Recovery, No Matter What

When a disaster strikes, whether it’s a ransomware attack or hardware failure, every second of downtime costs you money. With LocalLock, you can achieve ultra fast recovery and get your operations back up and running quickly. The on-site nature of the appliance means you don’t have to wait for large data sets to download from the cloud, enabling near-instantaneous restoration.

  • Retention Lock for Compliance

Meeting regulatory requirements is non-negotiable for many businesses. Our Retention Lock feature guarantees that your data is held for a specified period, helping you meet strict compliance standards like GDPR and HIPAA. This ensures your data is available for audits or eDiscovery, and cannot be accidentally or maliciously purged before its time.

  • Built on Veeam Technology

LocalLock is Powered by Veeam, the recognised leader in the Gartner Magic Quadrant for backup and data protection. This means you’re not just getting our service; you’re leveraging the industry’s most trusted and innovative backup technology, backed by a history of excellence and reliability.

  • Fully Managed by Vault365

The best part? You don’t have to worry about a thing. LocalLock is a fully managed solution. Our expert team at Vault365 handles everything from deployment and configuration to ongoing monitoring and maintenance. This frees up your IT team to focus on core business tasks while we ensure your backups are always secure and functional.

Protecting Your Data, Even When You’re Offline

Unlike cloud-first solutions that become useless without an internet connection, LocalLock provides offline protection. As a local appliance, it continues to safeguard your data even during network outages. This is a vital feature for business continuity, ensuring that you’re always protected, regardless of external circumstances.

In summary, Vault365 LocalLock is more than a product; it’s a promise of radical resilience. It provides the peace of mind that comes from knowing your most valuable on-premises data is protected with the highest level of security available. It’s the cost-effective, fully managed, and future-proof solution your business needs to stay secure in a hybrid world.

Ready to secure your on-premises data? Contact us today to learn more about how Vault365 LocalLock can protect your business.

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Customer Success Stories

Customer Success Story: Donegal County Council

The Challenge:

As Microsoft only stores data for up to 90 days, Donegal County Council needed to effectively back up and secure its Microsoft Office365 data to ensure compliance and eliminate the setup and maintenance of its own hardware, storage, and infrastructure.

The Solution:

Vault365 together with our reseller Paradyn, deployed the Vault365 solution which runs in the cloud and backs up information to its own highly secure off-site data centre. The remotely stored data is immutable and cannot be compromised by potential cyberattacks on the organisationโ€™s estate. Ongoing monitoring and management by Vault365 of the Office365 estate gives peace of mind to Donegal County Council that its critical assets are protected. The council also has access to a self-service portal, meaning it has full control and visibility of the solution. The solution is flexible and scalable in line with organisational growth in the future.

Conclusion:

The Vault365 solution is protecting sensitive information for Donegalโ€™s 166,000 citizens. Itโ€™s also enhancing the user experience for those who engage with the councilโ€™s vital services as public information is backed up, reliable, and up-to-date. Vault365 is securely backing up 900 Microsoft Office365 accounts for the council across applications including Teams, SharePoint and OneDrive. This solution also ensures business continuity and is increasing employee productivity as data can be quickly recovered in the event of an incident. The new solution is based on a cost per user model, which is resulting in significant cost savings for the council.

โ€œThis Vault365 solution has futureproofed our data protection and backup capabilities, and provides peace of mind that sensitive information is secure. Crucially, itโ€™s helping to enhance the services we provide to citizens throughout Donegal as the solution gives us full control of our Office365 estate, while ensuring minimal downtime should an incident occur. Ultimately, the technology is built with growth in mind and will enable us to scale as needed.โ€  Sean Dunnion, Project Leader Information Systems at Donegal County Council

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News Vault365

Vault365 achieves Platinum Partnership in Veeam Cloud & Service Provider Programme

Vault365, a leading provider of data protection services, today announces that it has achieved Platinum Partnership status in the Veeam Cloud & Service Provider (VCSP) programme in Ireland and the UK. Veeamยฎ Software is the #1 global leader by market share in data resilience.

Vault365 has achieved the highest Veeam partner level for its expertise in delivering innovative data backup, data protection, and disaster recovery solutions based on Veeam technology. The partnership will enable Vault365 to provide its customers with increased design, implementation, and support services to meet changing needs and demands in an increasingly complex IT landscape.

With platinum-level partnership, Vault365 can leverage increased access to Veeam resources to continue to strengthen its service portfolio and capabilities. In the next five years, Vault365 expects to reach โ‚ฌ10 million in annual recurring revenue. The company is currently onboarding new resellers in both the Irish and UK markets.

Alex Walsh, Channel, VCSP and Alliances Director UK & Ireland at Veeam, said: โ€œWe are thrilled to have Vault365 as a Platinum VCSP partner. One of just three Irish partners with this status, it is testament to the dedication of their entire team as we continue to roll out critical data resilience solutions to meet customersโ€™ evolving needs and keep businesses running. Veeam โ€“ together with our partners โ€“ is committed to giving businesses confidence and control over their data, whenever and wherever they need it.โ€

Cillian McCarthy, CEO at Vault365, said: โ€œThis partnership with Veeam demonstrates Vault365โ€™s commitment to delivering increased value to our joint customers. We strive to remain at the forefront of technological advancement in an era of growing cyber threats, and at a time when the vast majority of business is done online. Against this backdrop, we provide peace of mind to customers that their data is secure and they are able to recover quickly from any cyber incident. We look forward to continuing to work closely with Veeam in 2025 to further enhance our capabilities.โ€

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Infographics Vault365

World Backup Day!

Data is the lifeblood of any organisation. From customer records and financial transactions to proprietary research and creative assets, the sheer volume and critical importance of information are undeniable.

But what happens when that data is lost, corrupted, or compromised? The consequences can be devastating, ranging from operational disruptions and financial losses to reputational damage and legal liabilities.

To visually illustrate the vital role of robust data backup strategies, we’ve created an infographic titled “Data Backup: A Lifeline for Your Organisation.” This overview guide breaks down the essential components of effective data protection, highlighting the different types of Data Backup,  best practices, and the potential pitfalls of neglecting this crucial aspect of business continuity.

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News Vault365

Disaster recovery in the age of cyber change

Cillian McCarthy, chief executive and Pat Downing, account director, Vault365

Vault365 empowers organisations to protect their mission critical infrastructure and ensure business continuity.

In todayโ€™s interconnected world where cyber risks are constantly evolving, the protection of mission critical infrastructure is more important than ever. Mission critical infrastructure forms the core of how we do business and any disruption to essential systems within a business can trigger severe repercussions. The consequences of infrastructure downtime as a result of a cyber breach can be far-reaching and severe, such as financial losses through lost revenue, reduced productivity, potential regulatory penalties, and reputational damage. Furthermore, in critical sectors like healthcare and transportation, system failures pose direct public safety risks, and operational disruptions can bring essential services to a standstill.

Vault365, a leading Irish provider of managed data protection services, delivers an all-in-one backup, ransomware, and data protection solution powered by Veeamโ€™s technology. It enables the fastest data restore in the industry for information stored both on-premise and in cloud applications, and focuses on cutting the all-important data restore and disaster recovery time to an absolute minimum with disaster recovery as-a-service (DRaaS).

Protecting your vital systems

Vault365 protects sensitive data from ransomware and other cyber threats with immutable backups. This means that these backups, once created, cannot be altered or deleted, guaranteeing data integrity and recoverability. Furthermore, Vault365 provides offsite backup capabilities, with data securely hosted at its Irish-based data centre, ensuring data protection even in the event of a catastrophic on-premises failure. It protects data wherever it resides, ensuring all critical systems are protected.

Should a cyber incident occur, rapid data recovery with DRaaS minimises downtime, enabling the restoration of critical systems and applications within minutes. This ensures the continuous operation of essential services, even during significant disruptions.

As your infrastructure evolves, Vault365 scales with your needs. It is adaptable and flexible to changing requirements or in line with busy periods, ensuring optimal protection for your data. Meanwhile, as Vault365 streamlines backup and recovery processes, this reduces the operational burden on IT teams and frees up valuable resources. In turn, this enables employees to focus on delivering other strategic initiatives for the business.

Real-world peace of mind

In an increasingly complex IT landscape, the ability to effectively defend against cyber threats needs to be at the forefront of every organisationโ€™s mind and at the heart of every strategy. Imagine a healthcare facility that encrypts critical patient records falls victim to a ransomware attack. With Vault365, it can rapidly restore its systems from immutable backups, ensuring uninterrupted patient care. In another scenario, imagine a power grid experiences a natural disaster. Vault365โ€™s rapid recovery capabilities enable the restoration of critical control systems, minimising the risk impact of power outages. This empowers organisations to protect their mission critical infrastructure and ensure business continuity.

Donโ€™t wait for a crisis to test your resilience

Robust data protection is a necessity, and itโ€™s vital that proactive processes are in place to mitigate these risks. Itโ€™s also important that these processes are tried and tested regularly as threats continue to evolve. Vault365 provides the peace of mind that your mission critical infrastructure is protected by a reliable and comprehensive solution.

Talk to our experts to find out how Vault365 can safeguard your systems and ensure your organisationโ€™s continued success.

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News Vault365

Prioritising the right infrastructure to protect a firmโ€™s mission-critical data

Fergal Meehan, CCO of Vault365 in an interview with Quinton O'Reilly from The Business Post

Protecting your most crucial infrastructure means understanding every area of your organisation inside and out.

Protecting your mission-critical infrastructure is crucial for an organisation. In a modern setup, any downtime or, worse, being hit by a cyber attack like DDoS or ransomware can significantly damage your processes, reputation, and bottom line.

Itโ€™s tempting to take a one-size-fits-all approach to protection, but itโ€™s a trap that many organisations unwittingly fall into.

โ€œTreating everything as critical is a common trap, and a very costly trap too,โ€ said Fergal Meehan, chief commercial officer at Vault365.โ€œItโ€™ s about working out what your tier-one data set is that you want to focus on.

โ€œTo get to that, you require a deep understanding of your business processes.โ€

Meehan mentions that the other flaw is seeing this as an issue for the IT team to tackle. The reality is that mission-critical infrastructure involves everyone, as data resides in all areas of the business.

Some of the questions organisations need to answer when putting their risk management and data strategy together include understanding what critical data is, how long youโ€™ve stored it for and how it relates to data protection and processing policies.

All departments must be aligned in their goals and understanding; otherwise, risk management will be a piecemeal approach.

โ€œItโ€™ s a top-down approach,โ€ he added. โ€œIf you get everyone involved in making those choices, youโ€™ll quickly know your critical dataset.

โ€œIf you leave it to the IT department, they arenโ€™t going to know whatโ€™s critical for one department, so itโ€™s important to have the various policies in place to identify that.

It requires an all-in approach, get everyone in behind the wheel instead of leaving it for the IT managers to sort

Meehan also encourages organisations to view the IT department as facilitators, saying, โ€œTheyโ€™re there to put together solutions that back up your mission-critical infrastructure, but you have to tell them what theyโ€™re working with and what is mission-critical to you.

โ€œEvery vertical in the business will have a different view on this, so itโ€™s a team effort to join these up.โ€

Vault365 specialises in multiple solutions for mission-critical infrastructure, including cloud backup, backup as a service (BaaS) and disaster recovery as a service (DRaaS). The organisation brings a significant experience that builds confidence among them and their clients.

โ€œYou can say back up everything, but when Vault365 comes in, there are deeper conversations about what is

important to you,โ€ said Meehan. โ€œWeโ€™re not talking about using this product, ticking it off, and away you go; we want to know about what you need in areas

like data protection, business continuity, and data storage.

โ€œAfter talking, they realise thereโ€™s much more to backups than they realised. We do this because the last thing you want to realise is that the necessary checks and measures werenโ€™t in place six months later.โ€

Meehan mentions how he noticed a shift in how organisations connect with providers like Vault365, realising that they add value beyond the products and can show them the bigger picture.

Meehan mentions the 3-2-1-1-0 golden backup rule, which states to have at least three copies of your data, with the backups stored on two different media, one of the copies stored at an offsite location, one copy stored offline and has verified backups without errors.

This comes into play when you consider DRaaS which depends on how your backups are managed and monitored, and is something that Vault365 practices. It also uses Veeam technology, which develops backup, disaster recovery and modern data-protection software for multiple workloads.

โ€œWe bring that same expectation, as I believe thatโ€™s the bit thatโ€™s been missing from a lot of backups, particularly from DRaaS,โ€ he mentioned.

โ€œCustomers gain increased automation, the process is further simplified, and their failback processes are better understood.โ€

A good backup strategy involves determining what data you want to be backed up and protected, putting together your runbook, and building your business continuity plan. Without that, no technology can address those blind spots.

โ€œThe technology wonโ€™t be there if you donโ€™t understand your actual plan,โ€ he said. โ€œWith Vault365 expertise layered on top of those expectations, when they see it working, the customerโ€™s confidence increases.

โ€œThatโ€™s one of the biggest things we like to drive with Vault365 โ€“ you can go to bed at night and sleep comfortably knowing your data is protected.โ€

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Blog Vault365

5 Essential Steps to a Bulletproof Backup Plan

As a data backup provider, we’ve seen it all. From accidental deletions to devastating ransomware attacks, we know firsthand how crucial a robust backup plan is for any business. It’s not just about having a copy of your data; it’s about ensuring business continuity in the face of unforeseen disasters.

Here are 5 essential steps to building a bulletproof backup plan, straight from the experts:

1. Identify and Prioritise Your Critical Data:

Not all data is created equal. Start by identifying your mission-critical data: customer databases, financial records, intellectual property, and essential applications. This is the data your business cannot function without.

  • From our perspective: We often see businesses trying to back up everything, which can be inefficient and costly. Focus on what truly matters. Create a data inventory and classify data based on its importance and recovery time objective (RTO). This allows for a more targeted and efficient backup strategy.

2. Implement  3-2-1-1-0 Backup Rule:

This tried-and-true rule is the cornerstone of a resilient backup strategy. It dictates:

  • 3 Copies of Your Data: Maintain three copies of your critical data.
  • 2 Different Media: Store those copies on at least two different types of storage media (e.g., local hard drives, cloud storage, tape).
  • 1 Offsite Location: Keep at least one copy of your data offsite, preferably in a secure cloud environment.
  • 1 Copy Resilient: Either through being Air Gapped, Offline or Immutable
  • 0 Backup Errors: Utilise automated backup verification
  • From our perspective: Cloud backup solutions excel at fulfilling the “offsite” requirement, providing a secure and scalable storage option. We recommend combining local backups for quick recovery with cloud backups for disaster recovery.

3. Automate and Schedule Regular Backups:

Manual backups are prone to human error and inconsistency. Automation is key.

  • From our perspective: Automated backup solutions that run on pre-defined schedules, ensuring consistent data protection. Regular, incremental backups capture changes frequently, minimizing data loss in the event of a recovery. Schedule backups to occur during off-peak hours to minimize performance impact.

4. Test Your Restores Regularly:

A backup is only as good as its ability to be restored. Don’t wait for a disaster to discover your backups are corrupted or incomplete.

  • From our perspective: We strongly advise performing regular restore tests. This validates the integrity of your backups and ensures your team is familiar with the recovery process. Test different scenarios, such as file-level restores, application restores, and full system restores.

5. Consider Disaster Recovery as a Service (DRaaS):

For businesses requiring rapid recovery and minimal downtime, DRaaS is a game-changer.

  • From our perspective: DRaaS provides a comprehensive solution for disaster recovery, including replication, failover, and failback capabilities. We can provide a virtualised environment in the cloud that mirrors your production environment, allowing you to quickly resume operations in the event of a disaster. This is especially important for businesses with strict RTO and recovery point objective (RPO) requirements.

In Conclusion:

A bulletproof backup plan is not a “set it and forget it” task. It requires ongoing monitoring, testing, and refinement. By following these 5 essential steps, you can significantly reduce your risk of data loss and ensure business continuity.

As your data backup provider, we’re here to help you navigate the complexities of data protection. Contact us today to discuss your specific needs and develop a customised backup plan that gives you peace of mind.

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Blog Vault365

Data Fortress: Unbreakable Backup Strategies

Losing any kind of data due to unforeseen events like cyberattacks, hardware failures, or natural disasters can have devastating consequences.  

That’s where robust backup strategies come into play. Think of them as your data fortress, an impregnable stronghold safeguarding your valuable information from any threat.

Building an Unbreakable Data Fortress:

  1. The 3-2-1 Rule: This golden rule of data backup emphasizes redundancy and ensures your data is truly protected:
    • 3 Copies: Maintain at least three copies of your critical data.
    • 2 Different Media: Store these copies on two different types of media (e.g., hard drive, cloud storage, external drive).
    • 1 Off-site Location: Keep one copy of your data in a physically separate location to protect against local disasters.
  2. Regular Backups:
    • Automated Backups: Schedule regular automated backups to ensure consistency and minimize the risk of human error.
    • Incremental Backups: Only back up files that have changed since the last backup, saving time and storage space.
  3. Cloud Storage:
    • Cloud-to-Cloud Backups: If you rely heavily on cloud services, consider using cloud-to-cloud backup solutions to protect against data loss within the cloud provider.
    • Hybrid Approach: Combine cloud storage with on-premise backups for enhanced security and flexibility.
  4. Version Control:
    • Track changes to files over time, allowing you to easily revert to previous versions if needed. This is crucial for developers and businesses that rely heavily on collaborative work.
  5. Security Measures:
    • Strong Passwords: Use strong, unique passwords for all your backup accounts.
    • Encryption: Encrypt your backups to protect sensitive data from unauthorised access.
    • Regular Security Audits: Regularly review your backup security measures and update them as needed.
  6. Disaster Recovery Planning:
    • Develop a comprehensive disaster recovery plan that outlines how you will restore your data and operations in the event of a major incident.
  7. Testing:
    • Regularly test your backup and recovery procedures to ensure they work as expected. This will help identify and address any potential issues before a real disaster strikes.

Choosing the Right Backup Solution:

The best backup strategy will depend on your specific needs and resources. Consider factors such as:

  • The volume of data: How much data do you need to back up?
  • The sensitivity of the data: How critical is this data to your business or personal life?
  • Your budget: How much are you willing to spend on backup solutions?
  • Your technical expertise: How comfortable are you with managing and maintaining backup systems?

Building a data fortress is an ongoing process. It requires continuous monitoring, maintenance, and adaptation to evolving threats. By implementing these strategies and staying vigilant, you can ensure the safety and security of your valuable data, giving you peace of mind and the resilience to overcome any challenges that may arise.

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Vault365 Video Series

How reliable is Vault365’s back up solution?

Welcome to our sixth Vlog in our Backup Solutions series!

In this Vlog we are looking at the reliability of Vault365’s Backup solution.

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Blog Vault365

Data Backup Mistakes to Avoid: A Guide to Protecting Your Digital Assets

Data backup is a crucial aspect of digital asset protection, yet many individuals and businesses still make common mistakes that can lead to significant data loss. In this blog post, we’ll discuss some of the most frequent data backup errors and provide tips on how to avoid them.

  1. Incomplete Backups:

One of the most common mistakes is creating incomplete backups. Ensure that your backup process captures all essential data, including files, documents, images, videos, and system settings. Regularly review your backup schedule and procedures to verify that everything is being backed up correctly.

  1. Insufficient Storage:

As your data volume grows, your backup storage needs will also increase. Ensure that your backup solution has enough capacity to accommodate your current and future data requirements. Consider cloud-based backup options or expanding your local storage if necessary.

  1. Single-Location Backups:

Storing all your backups in a single location, such as on-premises, exposes them to risks like fire, theft, or natural disasters. At a minimum implement a 3-2-1 backup strategy: keep three copies of your data, store two copies locally, and store one copy off-site. This approach helps protect your data from potential data loss scenarios.

  1. Outdated Backups:

Regularly updating your backups is essential to protect against data loss due to accidental deletions, software failures, or malware attacks. Establish a backup schedule that aligns with your data usage patterns and ensures that your backups are up-to-date.

  1. Lack of Testing:

Regularly testing your backup process is crucial to verify its effectiveness. Perform periodic restore tests to ensure that you can successfully recover your data in case of a disaster. This helps identify and address any issues with your backup solution before a critical event occurs.

  1. Overreliance on Cloud Backup:

While cloud backup offers convenience and scalability, it’s essential to have a comprehensive backup strategy that includes both cloud and local storage. Relying solely on cloud backup can expose your data to potential vulnerabilities, such as internet outages or service disruptions.

  1. Neglecting Version Control:

Version control is essential for tracking changes to your files over time. Consider using version control systems or backup solutions that automatically create multiple versions of your files, allowing you to revert to previous states if needed.

By avoiding these common data backup mistakes and implementing best practices, you can significantly reduce the risk of data loss and protect your valuable digital assets. Regular review, testing, and ongoing maintenance of your backup solution are essential to ensure its effectiveness.

 

Click here to discuss your Backup Options!
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News Vault365

Cracking the UK market set to โ€˜rapidly accelerateโ€™ Vault365 revenues

Vault365, a Dublin-based back-up and disaster recovery (DR) business, expects to grow its annual recurring revenue to โ‚ฌ10 million over the next five years. 

Vault365 is a spin-out of Paradyn, an IT support business, and was founded in 2022 by Cillian McCarthy, Paul Casey, Rob Norton & Pat Downing. 

The business has seven staff and expects to record annual recurring revenue of โ‚ฌ1 million this year. 

“We build best practice back-up and DR solutions for enterprise customers. It’s a local solution that ensures they can recover their data in the event of a cyber incident. It also ensures the data they recover is what they backed up to begin with,” McCarthy told the Business Post.

The business uses what’s known as the 3-2-1-1-0 rule. This involves retaining at least three copies of the data involved, storing it in two different ways, ensuring at least one copy is offsite, also ensuring that at least one copy is offline, and to have zero errors in the back-ups. 

The idea for the business grew out of the work the co-founders experienced with Paradyn. 

“Through Paradyn, we saw the need for a specialised company dealing with back-up and DR strategy. We did a lot of benchmarking with customers and found people had back-ups that weren’t fit for purpose. They weren’t sure that, in the event of a cyber incident, their data would still be there for them,” McCarthy said. 

“Out of that we built Vault365 to bring people on a journey to get the best practice data protection in place. We used the 3-2-1-1-0 rule to bring the customers along that path.”

The decision to split Vault365 into it’s own company came about because of the different nature of the offering. Paradyn offers service provision whereas Vault365 is a product-oriented business, selling through channel partners. 

“We have three partners in Ireland and two in the UK to resell the product. The growth has been much better than we expected. We’re having high level discussions with government sector organisations and enterprise customers,” McCarthy said.

“We only started the business 18 months ago and we’ve moved the business to a point where we expect โ‚ฌ1 million in annual recurring revenue and we’ve taken on three new staff this year alone.”

McCarthy has firm plans on where he wants to bring the company. He said Vault365 is confident of particularly strong growth in the UK market, which should rapidly accelerate revenue.

“In the next 12 months we hope to double revenue. Over the next five years, we aim to get to โ‚ฌ10 million annual recurring revenue. The plan is to add two more staff by the end of the year. Over the next five years, we expect 20 to 25 people working in the business.”

 

Click here to discuss your Backup Options!

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