500M user accounts compromised at Yahoo, Is cloud really safe?

It was not really a surprise that many user accounts got compromised at Yahoo but what was surprising was the scale - 500M and the fact that it took almost 2 years for them to report it. Now the 2nd point is even more serious. This means that for full 2 years, one of the largest internet companies had no idea that user accounts are being compromised. What does it say about other cloud companies? And cloud storage in particular. Now, the largest cloud storage vendor by numbers - Dropbox reported in August of 2016 that 70 million of their customer accounts were compromised in 2012. Wow! So, for full 4 years they had no idea that accounts are being compromised. And you really think that your data is safe in cloud? 

Customers should make smart choices about where they keep their data and how they want to manage it. Cloud storage is great for many things - especially if you want to share some documents with partners, customers or peers easily but should it really replace all of the local storage you have? We don't think so. Not till it is as secure as your local storage. Storage on your desktop, laptop is relatively very secure. Can this also be hacked? Yes. But the probability is low because it is much more expensive for bad guys to go after 500M individual machines versus going to one company and stealing 500M credentials. 

There are plenty of local storage options. NAS (or Network Attached Storage) in particular gives cloud storage like functionality these days and the best part is that it stays in your home or business where it is not subject to curious eyes of sophisticated hackers. 

We at QuikFynd believe that customers should be able to store their data in whatever location that makes sense for their personal and business needs. Whether it is cloud storage for sharing, or their NAS device for more privacy or even their laptop and they should be able to find all their content easily, securely and instantly. If you can quickly search your content and access it from any device, it enables making right choices about where to keep your data. 

Discover the power of unified search across Cloud storage and NAS devices with QuikFynd. Learn more about QuikFynd solution.

Search, Organize and Share All of Your Data Anywhere, Anytime

Search, Organize and Share All of Your Data Anywhere, Anytime

"QuikFynd offers intelligent search solutions to organize, search, and share data instantly in a secure manner. Using QuikFynd app you can access data stored on different storage devices and locations, regardless of the size, whether it is in Google Drive or Dropbox or PC or file server,” adds Aditya.

Why Owning Your Data is Important

Data storage is exploding all around us with a market growth of 35.7% annually which is equivalent to a 7.14% growth a year in the last five years according to virtual data room research. The loss of business related data can lead to closing down of the business. At home losing our prized photos, financial info etc. could be heartbreaking.  Be it word articles, spreadsheets and confidential documents, data storage systematically files our most prized assets.  Because of this, data is preserved in multiple locations like cloud data centers, NAS and other types of removable storage. The end result is that data is fragmenting and finding data in a timely manner is frustrating.

Cloud data centers allow our data to be maintained, managed and backed-up using multiple servers across diverse databases. It has a dependable virtual infrastructure which protects our digital data and making them accessible when we need them. As a matter of fact, cloud is even used as complementary storage for disaster recovery in case of unprecedented accidents like building fire. Cloud can connect to off-premise and on-premise data storage through various distributed resources that act centrally. It is also built for system fault tolerance through duplication and distribution of data.

On the other hand, we have NAS or Networked Attached Server. NAS is a smaller server compared to the multiple servers of cloud, which provides shared storage for a small number of computer units. NAS, like cloud, is very important for homes and small businesses which require regular information transfer and data back-up. NAS has lower storage costs.

NAS adds more storage to our computer’s capacity. NAS servers have a range of up to 200GB to 8TB of data storage. NAS also provides efficiency and privacy in small business and consumer data with as much as 45% through NAS’es efficient compartmentalizing.  All of the computers active at home or in a small office could have greater speed in all domains of accessing since data resides locally instead of having to receive it from cloud.

NAS benefits are faster data access, lower storage costs, backing up ones precious data, security and privacy as data is owned by the small business or the consumer.

QuikFynd makes it possible to easily search for data on the NAS. With QuikFynd, you can access your private data at home and at work with powerful full text search. You could also use QuikFynd as your NAS search server and have your data accessed anytime and anywhere using any of your mobile devices. QuikFynd can organize, search and share your digital universe in the most convenient way possible.

In this technological age, securing our data has never been more imperative. If we fear losing data or seeing them leaked on unreliable platforms, then we have to choose a dependable form of storage. QuikFynd brings you the combined benefits of cloud and NAS data storage.

 

Efficient Search for your data can save a day's worth of work

Research claims that 80% of enterprise content is unstructured (stored in things like Word docs and pdfs, as opposed to structured databases, CRM systems, etc.), and Forrester Research asserts that content volume is growing at a rate of 200% annually

Between now and 2020, the amount of digital information created and replicated in the world will grow to almost 35 zetabytes that is 5,200 GB of data for every person on Earth.

There is no doubt that the world contains an unimaginably vast amount of digital information which is growing ever more rapidly but unfortunately, a large amount of it gets unused. IDC estimates that by 2020, as much as 33% of all data will contain information that might be valuable if found and analyzed.

At an enterprise level, data if managed well, can be used to unlock new sources of economic value, provide fresh insights into science and save money by improving employee productivity. Even for individuals, organizing and finding the data when you needed it can help save time you never knew existed!

Companies large and small are beginning to appreciate the benefits of high-quality search in the workplace. There’s no doubt that “search,” in a pure sense, heightens employee productivity by making the right knowledge available and useful when and where it’s needed. What’s more, relevant, findable information can speedup timelines and bring about measurable increase in efficiency with which employees work

The below graphic shows us the task breakdown of a work week, for a typical information worker:

 

This indicates that 9.5 hours of time is spent searching and another 8.3 hours are spent gathering information each week. That’s more than 17 hours every week, or full 2 days of free time you could have if only you could search and find the information you needed instantly.

This wasted time costs an organization $19,732 per information worker per year and amounts to a loss of 21.3% in the organization's total productivity*. Which means an organization of 1000 employees needs to hire 213 more people to keep up the same productivity!

How does Quikfynd help?

 QuikFynd is a solution to organize and search your data. Many individuals and small companies keep their data on a file server or on a Network Attached Storage (NAS) device. QuikFynd is installed as a software application on file server or on NAS and enables full text search of all content. You just type a few keywords and all matching documents are returned. Another cool thing is that you can search for your documents even when you are not in the same network as your file server or NAS. You may be traveling and only have your mobile phone with you. Just launch the QuikFynd app and it will securely search your content. If you are a person who works with data and information on a regular basis, QuikFynd is guaranteed to save you a ton of time.

*Reference: White paper by www.idc.com on bridging the information worker productivity gap.