Do we need an FDIC for data?

I am thinking The Federal Data Insurance Corporation.

Much like the FDIC we all know (Federal Deposit Insurance Corporation), this new organization(s) whether it’s public or private in nature would insure businesses from data loss or breach. Today this is wrapped up in terms like backup, disaster recovery, encryption, replication, etc. there are many ways to skin the cat.

As the cloud gains momentum and we get over the security issue that seems to be looming, what assurances will cloud storage providers provide that the business customers’ data is 100% secure? Can we even claim 100% security? I think we can for the data center, and the desktop and laptop, but what about mobile communications i.e. smart phones and tablets. Flash is only getting larger and more people will be storing and sharing sensitive data locally via smart devices. I don’t claim to know the answer, but maybe mobile communication device manufacturers and service providers should look at ways to standardize security.

Is this a differntiating factor for mobile device manufacturers and service providers – secure communications? Maybe it already exists today…telecom and security experts chime in.

Thinking back to the formation of the real FDIC… it was formed to largely protect consumers from bank failure.

What’s protecting the businesses from data security failure… today, it’s ourselves…maybe that’s all we need.

What say you?

2010-05-11T08:46:23+00:00

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2 Comments

  1. Eric Dorsey May 11, 2010 at 5:51 pm - Reply

    I agree with every except that Flash is getting bigger, it is dying.

    However, I would love to see my data insured.

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