MIDDLETOWN, Penn.—March 31 marks World Backup Day, and MY CU Services is reminding credit unions and their employees to back-up their data.
The company, a unit of Mid-Atlantic Corporate, noted that a survey conducted by Rand Secure Data a year ago, showed that 44% of all companies don’t have a formal data governance policy, and nearly a quarter of those without a data policy don’t plan to implement one.
“World Backup Day was started in 2011 as a humorous, but important, way to warn businesses and consumers to back up their files,” noted Howard Stein, chief operating officer of MY CU Services. “March 31 was chosen because there are usually rashes of pranks people tend to pull the first of April – April Fool’s Day.”
To make it easier for credit unions to protect critical data, MY CU Services said it is offering secure storage and backup services, via its partnership with DATTO, a leading provider of comprehensive data backup, recovery and business continuity solutions. DATTO’s SSAE 16 certified data center assures appropriate controls are in place, such as for physical and environmental security.
“All organizations should be prepared for what might happen in power outages or other service disruptions, whether a physical disaster or human error,” said Drew Kishbaugh, president/CEO of MY CU Services. “But for financial institutions, it’s even more important – credit unions must have a foolproof method of securely backing up financial reporting information and member data.”
The World Backup Dayorganizers also say some 30% of consumers don’t back up their files.