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* Posts by BackupVault

3 publicly visible posts • joined 4 May 2016

Worried ransomware will screw your network? You could consider swallowing your pride, opening your wallet

BackupVault

I run a UK cloud backup company and the vast majority of customers are happy to pay anything from £20-1000 per month to backup all their data.

The worst companies who see no value in backing up and protecting their data are for some reason: architects and solicitors, specifically solicitors. They will think we are mad if we quote them £50pm to backup a server to protect them against ransomware. Instead they opt for non-GDPR, cheap consumer grade USA backup solutions with no encryption. Scary stuff...

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Bitcoin breaks US$1,000

BackupVault
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Re: Sudden crash coming again?

"with no underlying asset" and "The whole of the value is based on faith in people you probably can't trust"

You mean like the entire worlds banking system you are part of at the moment? You do realise that the pounds in your bank are not backed by anything either?

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Web backup biz Monster Cloud monstered after monster price hike

BackupVault
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Re: This is quite missleading

Your analogy of "landlord switched your lease from £200 a month to £180 daily" is almost correct.

A more correct analogy is that your landlord was charging you £2 per month, but now its £200 per month. You would go nuts that the price has increased 100x, but £2 per month is far too cheap and obviously unsustainable. The same with LiveDrive/MonsterCloud.

LiveDrive must have had a few million of seed money and told to get as many customers as they can (which they did), then hope to get brought out by a large company (which they did - J2 Global).

I run www.backupvault.co.uk and get daily requests to match/beat LiveDrive/MonsterClouds prices - and we steer well clear of it all. I prefer to offer a decent, reliable and encrypted backup service to end users and resellers.

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