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Baron Capital Enterprise, BCAP
Posted On: 12/30/2012 5:09:21 AM
Post# of 16816
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Posted By: mdimport
Re: RobInvest #10630
I spoke with Matt. He told me as far as he knew at most one day of data (worm day) might be affected, but there are backups of all the information. The main issue was his IT person being out of town and subsequent delays to complete the audit since the IT person couldn't access the server via the VPN to fix the virus. Its a time delay at year end, not fatal (total loss of data).

I asked about what happens in the event of a future occurance once the TA, brokerage, etc. are up and running: short answer is every operating company will be running on its own servers with physically distributed systems and backups. At that point there would also be 24/7 IT coverage with backup people if the IT principal was out of town. These are expenditures that just aren't needed to be made right now.

The good news for us is that this happened now (pre-operations running), so Matt can harden the system and take other appropriate measures.













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