Data Escrow originates from backup processes. A backup is used in case the regular data is no longer available. For example in case of fire. Backups are often made with in-house systems, on in-house tapes and stored in in-house vaults. In practice, it appears that in 80% of the cases a backup does not reproduce the desired result. The data is either unreadable or inaccessible.
With the advent of ASP's, Outsourcing and Hosting centres, Data Escrow becomes very relevant. In these situations, user data are stored on third party systems, with third party licenses, within the physical walls of the third party and managed by staff of the third party
Therefore, the owner of the data should protect himself if case suppliers no longer manage to meet their obligations. A Data Escrow can provide the assurance needed. It is also possible to tackle the problem of illegible or unusable backups. Our technical verifications of the data provide security. If data is critical to your business, a Data Escrow is a must.
In order to setup a Data Escrow, three subjects need to be considered: the parties involved (legally), the data itself (type of data, storage medium, quantity, etc.), and the desired certainty (verification). The data can be transported to Escrow Europe on a daily, weekly or monthly basis using our secured online deposit infrastructure.