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Hope for Bank of America

March 8, 2005 by Sallie Goetsch Leave a Comment

Cashing in on the recent highly-publicized disappearance of Bank of America backup tapes, GST, Inc., of Lake Forest, California, has announced the release of a host-to-tape on-the-fly data encryption appliance called SafeDATA™. The product pages on the company’s website include a handy 12-page presentation explaining what SafeDATA™ is and why it’s a necessary addition to tape backup systems.

SafeDATA™ is about the size of an external hard drive, but with a starting price of $17, 250, it’s not likely to appeal to the SOHO market. Most home-based businesses and independent professionals don’t use tape backups anyway, and encrypted hard drives can be purchased for far less money.

But I hope Bank of America’s IT department is rushing out to buy them. I don’t want it to be my financial data that falls off the back of a truck.

Source: BusinessWire, March 7

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