Bank Backup Tape Loss Preventable Says Index Engines

Business Wire,  June 4, 2008  

Tags: bank

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In-house tape discovery reduces risk associated with transporting tapes

HOLMDEL, N.J. -- As reported by Computer World on May 30th, Bank of New York Mellon Corp. lost a box of unencrypted data storage tapes containing personal information of more than 4.5 million individuals. These tapes went missing while a third-party vendor was transporting them to an off-site facility.

Risk associated with tape transport ranks at #8 on an industry trend published by Index Engines. This new report sites reasons enterprises are choosing to bring tape discovery in-house. An excerpt of this trend report is reprinted below:

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Index Engines technology is changing the way businesses are managing data on backup tapes. They now have the option to search and access files and email stored on backup tape without using a third party. An in-house eDiscovery approach is faster, safer and more cost-effective than relying on vendors who have little at stake if mistakes are made. As more and more enterprise IT teams adopt the Index Engines technology, stories about missing tapes will become a thing of the past. For a full copy of the in-house discovery trend report or to learn more about Index Engines please email info@indexengines.com

About Index Engines

Founded in 2003, Index Engines is the leader in enterprise discovery solutions. Our mission is to organize enterprise data assets, making them immediately accessible, searchable and easy to manage. Businesses today face a significant challenge organizing their files and email to ensure timely and cost efficient access, while also maintaining compliance to regulations governing electronic data. Companies rely on Index Engines solutions for comprehensive insight into their data to simplify information discovery, classification and management.

The patent-pending Index Engines discovery platform is the only solution on the market to offer a complete view of electronic data assets. Online data is indexed in-stream at wire speed in native enterprise storage protocols, enabling high-speed, efficient indexing of proprietary backup and transfer formats. Index Engines' unique approach to offline records scans backup tapes, indexes the contents and extracts relevant data, eliminating the time-consuming restoration process. Index Engines provides the only comprehensive discovery platform across both online and offline data, saving time and money when managing enterprise information.

For more information on Index Engines, please visit http://www.indexengines.com.

Index Engines and Power Over Information are trademarks or registered trademarks of Index Engines, Inc. All rights reserved. All product names mentioned are trademarks or registered trademarks of their respective organizations.

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