Data protection specialist invests €250,000 in development and rollout of LocalLock
Trade
Fergal Hennigan, Vault365
Vault365, a provider of data protection services, has forecast revenue growth of €1 million over the next 12 months with the launch of Vault365 LocalLock. Vault365 has invested €250,000 in the development and rollout of the secure data backup appliance which stores critical business data on-premise.
LocalLock is being launched amid increasing customer demand to protect against increasingly sophisticated ransomware attacks, to reduce the risk of accidental or malicious deletion of data, and to enhance compliance with industry regulations.
Using Veeam technology, the fully-managed immutable solution works alongside cloud backups to ensure ultra-fast data recovery in the event of an incident such as a cyberattack or hardware failure.
Unlike fully cloud-based systems, the on-site hardware appliance can continue to safeguard data offline even during network outages. This provides an extra layer of security and ensures that business operations can continue uninterrupted.
Fergal Hennigan, director of business development, Vault365, said: “Not all critical business data lives in the cloud. Organisations are currently operating in an uncertain environment as cyber threats continue to grow and would-be hackers utilise ever-evolving methods of attack. This makes securing your on-site data more important than ever and is a key reason why we are introducing Vault365 LocalLock to the market. The launch of LocalLock offers customers an added layer of protection and the peace of mind that their on-premise data is secured round the clock. We believe that this powerful new solution will be a true game changer for data protection.”
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