{"id":47521,"date":"2023-10-20T15:54:00","date_gmt":"2023-10-20T15:54:00","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/what-all-startups-need-to-know-about-data-storage-and-security-startupsmart\/"},"modified":"2023-10-20T15:54:00","modified_gmt":"2023-10-20T15:54:00","slug":"what-all-startups-need-to-know-about-data-storage-and-security-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/what-all-startups-need-to-know-about-data-storage-and-security-startupsmart\/","title":{"rendered":"What all startups need to know about data storage and security – StartupSmart"},"content":{"rendered":"
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As businesses come to rely more on cloud technology for their operations, issues of data storage, data security, and data sovereignty are coming to the forefront of risk management within businesses.<\/p>\n

For startups cloud services can be of huge value.<\/p>\n

For one thing, it\u2019s cheaper and more efficient to host your company\u2019s data in an offsite location. It\u2019s also often safer, from a security point of view, but also from a physical asset point of view. Insurance companies are beginning to offer lower premiums for companies with offsite servers \u2013 there\u2019s less likelihood of them overheating and inflicting serious property damage if they\u2019re in a dedicated server storage facility, rather than in a cupboard in your office.<\/p>\n

When it comes to talking about the cloud, many business decision makers and C-suite executives are in uncomfortable territory – it\u2019s hard to know what you don\u2019t know and to ask questions about it.<\/p>\n

But it\u2019s imperative that senior decision makers cultivate technological literacy with regard to data storage \u2013 the implications are too significant for the issue to be left solely in the province of the IT department.<\/p>\n

When it comes to offsite data storage, businesses have a few options. Public cloud services, like Amazon Web Services, house your data on server infrastructure owned by AWS that could be anywhere in the world, and your data is stored with other people\u2019s data.<\/p>\n

By contrast, with private cloud services businesses own the infrastructure that stores the data, or at least they have effective control of infrastructure leased through a third-party infrastructure as a service provider.<\/p>\n

That server infrastructure can be physically located and serviced by a dedicated data storage site, but ultimately, the business owns whatever data is stored in its private cloud server.<\/p>\n

The question of who owns the data, and hence who is allowed to access it, is a critical one for business. For example, data hosted by Amazon Web Services is effectively owned by AWS. And since the enactment of the USA PATRIOT Act in 2001, any data storage physically housed in the US can be accessed by US government authorities.<\/p>\n

So businesses \u2013 and their customers \u2013 want to know that their data is stored safely, and locally. And aside from the security impacts, if cloud server infrastructure is housed relatively close by to a business, latency, or the time it takes information to travel between the server and the business\u2019 computing equipment, is lower \u2013 so there\u2019s less likelihood of an annoying lag when trying to access data.<\/p>\n

When it comes to trying to get answers out of your IT department on where your data is physically stored, it can be difficult.<\/p>\n

But CFOs and COOs have a responsibility to lead on data storage and security considerations \u2013 and any ISO accredited business will need to prove where its data is.<\/p>\n

There are some key things you should ask of your IT department:<\/p>\n