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Online backup provider, Memeo: Americans Sitting on Personal Data 'Time Bomb'

Cliff Boodoosingh on December 02, 2008
 
Survey Reveals Consumers Are Taking a Gamble on Their Digital Data, Not Implementing Any Backup of Computers, Photos

ALISO VIEJO, CA, Dec 02, 2008 (MARKET WIRE via COMTEX) -- Americans are still not taking the time to backup their computer data, and those that backup do it too infrequently, according to a new study released by Memeo(R) Inc., a leader in digital media management services for the home and business. The survey indicates consumers are at risk of losing precious personal data, such as digital pictures, emails, financial documents and correspondence, as they have no backup source should a computer hard drive fail.
The average American adult has 1,800 digital files of irreplaceable memories and personal documents, according to the Consumer Electronics Association(1). However, according to Memeo's study, 74% of those surveyed revealed they backup their data no more than once every three months, 24% of which never backup at all. Respondents' biggest frustration with backing up files is that they believe it is time consuming (38%), expensive (24%) and that they just don't know how (22%).

"With the holiday season in full swing, Americans are going to take a lot of digital pictures and videos of events with friends and family, making this time of year especially crucial for consumers to backup their data," said Hong Bui, CEO and founder of Memeo. "Most people never realize the importance of a complete backup system until something unfortunate happens and they lose everything. The reality is that most people need a combination of online and offline backup options to keep their important data safe in the event of a disaster as well as quickly accessible."

With so many circumstances beyond an individual's control, such as physical damage, theft and file corruption, consumers should adopt a two-prong approach to backing up, which includes online and local plans.

Memeo offers the following key reasons why both forms of backup are essential:

1. Online backup is disaster-proof and protects data even when the
   computer is stolen, dropped and damaged.
2. Online backup is available anywhere that has an Internet connection.
   Consumers are not limited to their local backup system in order to
   retrieve data.
3. Online storage is often free or low cost.
4. Local backup is important because consumers can retrieve and restore
   files very quickly, ideal for high volumes of files that are
   frequently accessed.
5. Backing up locally also means that individuals have complete control
   of their data at all times. Online services own and manage a user's
   files, which are in turn susceptible to policy changes, such as pricing
   and accessibility.

For more information on how to protect digital assets, please visit http://memeo.com/autobackup.php.

About Memeo
Memeo Inc., based in Aliso Viejo, CA, is a privately-held software company backed by venture firm G51 Capital and Foundry Group. The company is focused on helping consumers and businesses share, manage and protect their digital lives. The company was founded in 2003 in an effort to assist with the rapid move towards a digital world. The company developed its software to give consumers and businesses alike a better way of protecting, managing and sharing digital, portable files and make them universally accessible. For more information on Memeo and its products, please visit http://www.memeo.com/.

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