Irish companies turning to safe deposit boxes to store data after global cyber attack

Thursday, May 25 2017 11:02 AM

Irish companies are turning to safe deposit boxes to store important data following the recent global cyber attack. Instead of storing important files on computers, companies have opted to download confidential and important files onto USPs and back-up hard drives and store them in safe deposit boxes.

The cyberattack called WannaCry is estimated to have infected 200,000 computers worldwide prompting companies to take extra measures to secure important documents. Ireland’s leading safe deposit box facility, Merrion Vaults, has reported a big increase in demand for their safe deposit boxes since the attacks.

Safe deposit facilities in Dublin, Glasgow and Newcastle in England are experiencing an increase in demand from companies wishing to secure back-up files.



Mr Seamus Fahy, founder of Merrion Vaults, said: “This cyberattack has prompted companies to opt for offline security rather than relying solely on web protection facilities.

“Our risk experts applaud these companies as they believe leaving such vital documents on the system or on a hard drive that remains on your property does not eliminate the risk.

“By using the safe deposit box, your data is secured and away from the site, so it cannot be attacked or stolen.”

As well as the recent attacks, the summer months often see an increase in demand for the deposit boxes as families head on holidays.

Mr Fahy added: “Recent aggravated burglaries highlight the need to keep cash and valuables away from the home. Over the years more and more householders are opting for the safe deposit box rather than trying to hide the valuables in the home.”

Merrion Vaults facilities are built from scratch using the very latest security technology. They employ sophisticated security systems to ensure that access to any box is limited to the authorised person only. Meanwhile any victims of the WannaCry virus are asked to report crimes to the Garda cybercrime Bureau so they can investigate them. The virus is said to have affected just 20 Irish IP adresses but unless a formal complaint is made gardai cannot investigate them.

Detective Superintendent Michael Gubbins said: “We need people to report incidents of cybercrime, so that we can understand these crimes, and quantify the damage they are doing to the citizens and to the economy.”

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