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ARTICLE · 18 OCTOBER 2006

Trust Disputes In The Digital Age - Part 2

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More than 1 billion people - representing about 15.7% of the world's population - regularly use the internet. This is an increase from 45 million in 1995 and 420 million in 2000. It is predicated that at least 2 billion users will be online by the year 2011.

Cayman IslandsWealth Management

Preparation for discovery in the digital age

Back-up tapes

The use of back-up tapes is one method of preserving electronic material. Some trust companies rely entirely on back-up tapes as an electronic storage system. The reliability of back-up tapes may depend on how frequently the process is carried out and whether, and how frequently, 'full back-up' is done. The back-up tape system was initially created to aid in the recovery of electronic documents in the event of a disaster and it is arguably no longer adequate for current record management purposes.

The disadvantages of only using a back-up tape storage system can include the following:

- Tapes are often stored at a number of different offsite places, rather than in a single onsite location. However, this can also be a disadvantage for disaster recovery and additional back-ups should always be held offsite.

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