American Enterprise Bank Selects EVault for Backup and Recovery

Tue Sep 10, 2013 8:00am EDT

* Reuters is not responsible for the content in this press release.

American Enterprise Bank Selects EVault for Backup and Recovery

Chicago Bank Replaces Tape-Based Backup With Trio of EVault Solutions to Ensure Security of Customer Financial Data

EVault, Inc., a Seagate company (NASDAQ:STX), today announced that American Enterprise Bank, a privately-owned community bank, has replaced its tape-based backup and recovery system with EVault’s cloud-connected backup and recovery solutions, including EVault SaaS, EVault Express Recovery Appliance and EVault Cloud Disaster Recovery Service (CDR), with a 24-hour service-level agreement (SLA). The Illinois-based bank with three branch locations was searching for a solution that was reliable, scalable and easy-to-manage, while meeting strict regulatory and security regulations and guaranteeing a complete and speedy recovery in the event of a disaster.

For several years, American Enterprise Bank was using tape-based backup, which gradually began to fall short in delivering the speed, security and compliance required. The bank’s old system was inefficient, requiring nightly backups that drained employee productivity, and struggled to meet financial data and security compliance requirements. American Enterprise Bank was harshly alerted to the hazards of tape-based backup when a routine request by an auditor for archived data revealed a batch of corrupted tape. Fearing additional damaged, lost or stolen tapes and realizing the financial and legal risks associated with compromised data, the company shifted to EVault’s cloud-connected solutions to protect its sensitive financial data across its operating systems, applications and 11 servers.

“Our tape-based system was just not a viable solution any longer: it was outdated, difficult to manage and took valuable IT hours from our staff. We needed a more modern and flexible system that would serve us for the long-term,” said John Hampson, CIO of American Enterprise Bank. “With EVault we found the reliable data protection and recovery we were looking for. Now I have no worries about data protection.”

EVault SaaS provides American Enterprise Bank with a secure, automatic, centralized backup of desktops, laptops and servers at the bank’s multiple locations. Backups are conducted daily and data is replicated and stored to the EVault cloud. EVault Express Recovery Appliance, a preconfigured appliance installed at the bank’s local vault, works hand-in-hand with EVault SaaS to store the bank’s backups locally and then replicates them to the EVault cloud. With EVault CDR and its 24-hour SLA agreement, American Enterprise Bank has a second tier of data protection. The bank’s data and systems are guaranteed to be fully restored within 24 hours of a disaster and its multiplatform IT environment is fully protected.

“Financial institutions like American Enterprise Bank hold troves of extremely sensitive client information and operate under rigid compliance regulations. If that data is lost or compromised, and if they’re unable to remain compliant, their business is seriously compromised,” said Terry Cunningham, president and general manager of EVault. “With EVault SaaS, EVault Express Recovery Appliance and EVault CDR, American Enterprise Bank can confidently assure its data is recoverable, fully compliant and safely backed up both locally and to EVault’s failproof Cloud.”

About EVault

More than 43,000 companies rely on EVault cloud-connected backup and recovery services. Delivered by a team of data recovery experts and using the very best cloud-connected technology, EVault backup solutions seamlessly integrate on-premise and online backup data protection for fast, local data access and ensured cloud disaster recovery. Optimized for distributed environments and backed by an ironclad cloud, EVault technology also powers the offerings of cloud services providers, data centers, telcos, ISVs, and many others. EVault is a Seagate Company.

Follow @EVault on Twitter and on Google+, subscribe to the blog and like EVault on Facebook.

Copyright 2013 EVault, Inc. All rights reserved. Seagate, Seagate Technology and the Wave logo are registered trademarks of Seagate Technology LLC in the United States and/or other countries. EVault and cloud-connected are either trademarks or registered trademarks of EVault, Inc., or one of its affiliated companies in the United States and/or other countries. All other trademarks or registered trademarks are the property of their respective owners.

EVault, Inc.
Darren Weiss, 1-415-625-8555
EVault@LaunchSquad.com