Last week it was reported that a data retention contractor PBS used went out of business, making it impossible for them to retrieve their data stored at document storage company Iron Mountain. Things are looking more positive now, though, as a judge ruled PBS to be the owners of the data, allowing them to retrieve it (or, just leave it there managed by another contractor I suppose). Still, 3-2-1, folks.
Having worked with huge, slow organizations before, they probably had a mandate in place to outsource this kind of thing, and nobody in-house to evaluate the solution, so they picked an “expert” company who then went out of business.
It has been pointed out that the IT person listed is making over $150k a year. For that amount of money I’d think it’s reasonable to expect they’d know better.
Who’s to say they didn’t though? With the possible exception of not checking the IT company’s financial health (and maybe they did but decided it wasn’t a risk), the process worked as intended. They outsourced their storage and backups. The data is still stored and backed up. They were able to follow a remediation protocol (ie speaking to the judge) to regain access.
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You said that more eloquently than I could; I disagreed with his reply but didn’t want to use the downvote as a disagreement button.