A data vault can be located either at a local site or at a remote site outside of a company's main location. The choice of location depends on several factors, including the nature of the data and the security requirements of the enterprise. Here are key considerations for each option:
1. Local data vault: Storing data in a local vault means that it is physically located on the company's premises. This provides greater control and direct access to the data. Some important considerations include: - Direct control: The enterprise has direct control over the data storage and security systems. - Faster access: By being local, access to data can be faster and more immediate. - Increased risk of loss: The local vault may be susceptible to events such as natural disasters, hardware failure or physical damage, which increases the risk of data loss.
2. Off-site remote data vault: Storing data in a remote data vault can provide an additional level of security and mitigate risks associated with local events. Some points to consider are: - Increased security - Cloud storage service providers typically have more advanced security measures compared to an on-premises facility. - Increased reliability: Storing data offsite can provide protection against events such as natural disasters, fire or other problems that could affect the primary location. - Dependence on internet connection: To access data in a remote vault, a stable internet connection is required. If the connection is interrupted, there can be an impact on access and business continuity.
Ultimately, the choice between a local or remote offsite data vault will depend on the company's strategy, risk appetite, data importance, security requirements and resource availability. In many cases, a combination of both options may be the best solution, using a hybrid approach that leverages the benefits of each approach.
