Moving and Storage Business News

The News Review:

- IBM snaps up local data protection start-up
- LawFuel – The Law News Network
- Comments on ‘SanDisk warns that unsecured flash drives are coming to…

IBM snaps up local data protection start-up
Jerusalem Post – Apr 11, 2008
“It would also reinforce IBM’s mid-market strategy by adding a simple and easy-to-use full-data protection solution – one that also is attractive to enterprise remote offices and departmental situations,” he said. In what represented its largest acquisition in Israel, IBM in January purchased XIV, a privately-held storage technology company based in Tel Aviv, for about $300 million, to meet growing demand for digital archiving. According to recent media reports and industry sources, IBM’s storage division is also in talks to snap up another Israeli start-up, Diligent Technologies Corp. , which was founded by former EMC chief executive Moshe Yannai, who joined IBM after the XIV acquisition. The companies would not put a price on the FilesX deal, but according to information obtained by The Jerusalem Post, it was valued at between $70m.

LawFuel – The Law News Network
Lawfuel – Lawfuel (press release) – Apr 11, 2008
Stuart, Special Agent in Charge, IRS Criminal Investigation Division, announced today that a federal grand jury in Denver, Colorado returned an indictment charging MICHAEL P. EWING, age 55, of Aurora, Colorado, with tax evasion and mail fraud. According to the indictment, EWING was an employee of Graebel, a moving and storage company. From 1993 through 2005, EWING engaged in a pattern and practice of submitting to Graebel false, fraudulent, and fictitious check requests and expense reports. As part of the affirmative acts of the evasion, EWING allegedly made false, fictitious, and fraudulent representations on check requests and expense reports, he forged signatures of Graebel executives, managers, and employees on check requests, and he prepared and submitted false, fraudulent, and fictitious documents in support of check requests and expense reports. The indictment alleges that EWING received by fraudulent pretenses more than $25,000 a year for the years of 2000, 2001, 2002, 2003, 2004, and 2005. In addition, EWING prepared and filed his personal income tax returns, omitting disclosure of the money he received from Graebel.

Comments on ‘SanDisk warns that unsecured flash drives are coming to…
Register – Apr 11, 2008
Don’t expose yourself to flashing in publicBy Henry Cobb Posted Friday 11th April 2008 12:34 GMT. Step two: Only put non-public stuff on external storage after it’s been PGPed. BTW: What if your employee leaves their laptop out in public? How will a purely usb key based security system help you then?-HJCHypocrisy!By Bernard Mergendeiler Posted Friday 11th April 2008 13:14 GMT. However most, of not all, of the traveller software on these devices require administrator rights and that just ain’t gonna happen!@Martin MaloneyBy Adam Posted Friday 11th April 2008 14:02 GMT"Disable USB ports in the BIOS and then password protect the BIOS? Ban flash drives?"I’m yet to work somewhere that doesn’t password the BIOS, but I wouldn’t be surprised if some companies neglect that first line of defence. Admittedly, they usually have a standard password across the company so once an IT guy has let it slip to one employee…
Get a dumb stick with zero files on it, and put your own encryption software on it. Windows lockinBy Ken Ryan Posted Sunday 13th April 2008 13:05 GMT. Alas, my primary use is moving files among engineering development and lab computers – mostly Linux with a few Windows. The secured drives are Windows-only, at least the corporate-approved ones do not support Linux. I’ve lost my usb driveBy John Posted Sunday 13th April 2008 18:22 GMT.