How Equifax Could Change Arbitration

first_img Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post How Equifax Could Change Arbitration in Daily Dose, Featured, News About Author: Joey Pizzolato The Best Markets For Residential Property Investors 2 days ago The recent Equifax breach of data of over 143 million American consumers via efforts by hackers could have breathed new life into the Consumer Financial Protection Bureau’s (CFPB) recent anti-arbitration clause, according to a report by the Los Angeles Times.The rule, which has been under the spotlight since its passing in early July, bars mandatory arbitration to allow consumers to proceed directly with class action law suits. Congress, especially Jeb Hensarling, who has long been at odds with CFPB Director Richard Cordray, has threatened to invoke the Congressional Review Act in order to overturn it. Many didn’t expect the ruling to go further.However, Equifax may have given the rule new legs to stand on, given the way things have played out in recent days. First, according to the LA Times, after the news broke of the data breach, the company offered a year of free credit monitoring with the stipulation class action suits were forbidden.Once the news broke that this was the case, Equifax amended their statement, saying enrollment in the free credit monitoring program ““does not waive any rights to take legal action.” They also said that enrolling in the free credit monitoring program would not automatically sign consumers up for the paid program.Keith Noreika, the acting Comptroller of the Currency, had asked Cordray to delay the implementation of the ruling so the OCC could assess how it would affect the banking industry. Cordray was not receptive to the request.It remains unclear as to how Equifax’s current slip-up will affect the success of the CFPB’s arbitration rule. The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Joey Pizzolato is the Online Editor of DS News and MReport. He is a graduate of Spalding University, where he holds a holds an MFA in Writing as well as DePaul University, where he received a B.A. in English. His fiction and nonfiction have been published in a variety of print and online journals and magazines. To contact Pizzolato, email [email protected] Subscribe Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Tagged with: data breach HOUSING mortgage Governmental Measures Target Expanded Access to Affordable Housing 2 days ago September 12, 2017 1,266 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Previous: 3 Factors Real Estate Professionals are Overlooking Next: Bringing Fintech to the Forefront Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago data breach HOUSING mortgage 2017-09-12 Joey Pizzolato Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / How Equifax Could Change Arbitrationlast_img read more

Dell EMC Data Protection – Accelerating IT Transformation from Edge to Core to Cloud

first_imgWith more than 140,000 employees serving customers worldwide, Dell Technologies is helping organizations accelerate innovation and make the most of their investments in virtualization. Many times, outdated technology and the need to keep pace with competitors are driving forces for customers to connect with us.As we head to VMworld Europe, Data Protection is recognized as one of the 5 key pillars in VMware’s multi-cloud strategy (Build, Run, Manage, Connect, Protect). Based on industry success, proven agility and resiliency, Dell EMC Data Protection is a preferred choice to offer best in class data protection solutions with deep integration into the VMware suite of capabilities. Organizations choose Dell EMC and VMware for a multitude of reasons, including a differentiated data protection solution. In the stories that follow, you’ll hear why our customers find Dell EMC to be a reliable, innovative and easy to manage solution for data protection.Chorley CouncilChorley Council, a local government serving 110,000 residents in the U.K., had outdated technology standing in the way of making vital government services available to citizens anytime. To accelerate its digital transformation, they pursued an end-to-end, cloud-based data protection solution with Dell EMC, VMware and AWS.“With Dell EMC, VMware and AWS, we’ve completed a significant IT transformation, eliminated our DR site and improved the lives of residents. That adds up to substantial cost savings related to heating, cooling and rent and hopefully makes for a happier society.”The first step was replacing an aging NetApp environment. Emma Marshall, ICT and Programme Manager, Chorley Council, explains, “We considered HP, Veaam and Rubrik, but Dell EMC Data Protection was the only solution that checked off all the boxes for our digital transformation to enhance government services and lower service delivery costs. Dell EMC was the most cost-effective and scored the highest for availability, quality and ease of use.”Dell EMC Data Protection solutions provide Chorley with data deduplication, backup, recovery and replication to AWS cloud storage. Chorley uses Dell EMC Data Protection Software, Data Domain Virtual Edition and Data Domain Boost to back up approximately 80 VMware virtual servers and Citrix virtual desktops to on-site Dell EMC Data Domain appliances. Dell EMC Cloud Disaster Recovery (Cloud DR) software replicates Chorley’s backups to AWS.With increased digital usage, Chorley’s data requirements are expected to double in five years. Marshall reflects, “We’re one of the only local governments in the U.K. to embrace digital, cloud-based transformation. Dell EMC Data Protection provides us with the scalability, reliability and agility to execute this strategy with confidence and meet the evolving needs of our community.”Read the full Chorley Council StoryRG SystemRG System, the software developer of a leading SaaS ITSM solution on the French IT Management market, is part of the French Septeo group, which comprises 12 different and complementary companies providing digital business services. The group represents 850 staff and 10,000 clients and the new RG System office will also serve as a platform for the internationalization of some of the Septeo groups other services into the North American market.RG System serves three customers: 75% are managed services business (MSBs) using their solution to deliver business continuity to their customer; second is software publisher, ISV, using their solution to deliver business connectivity to their customer; the last one is the integrators, using RG as a value-add to their business model. With a customer-first approach, RG System’s need for business continuity and infrastructure availability, as well as a complex hybrid cloud environment, requires a backup and recovery solution that can manage a complex infrastructure.Gregory Caldera, CEO of RG System, said, “The most critical challenge for us was that the solution needed to work with our entire environment. The solution needs to be compatible with all solutions in our environment as well as our customer environments and the software needs to be able to back up all types of infrastructures including client or server, physical or virtual, especially VMware.”And that’s exactly why they chose Dell EMC.Dell EMC helped RG System reduce backup times by 95%. With their previous solution it took more than 28 days to organize the first backup. With RG Systems and Dell EMC data protection, they reduced this time to 44 hours for the first backup. The daily backup took around eight hours with their previous solution and with Dell EMC, it only takes 25 minutes to organize the daily backup.Caldera noted, “One of the main advantages to using Dell EMC Data Protection Software with Data Domain hardware is that it provides our customers with a unified interface and one unique solution, along with superior deduplication rates from a powerful solution.” Listen to this full story:ACPACP is one of the leading IT providers in Germany and Austria, serving companies, authorities and organizations of all sizes. In their experience, IT has changed massively, and organizations are dealing with a trend toward IT transformation and digitization.The massive growth in data over recent years has been a major concern for ACP and their customers. With increasing data growth, the demands on security and on data protection measures are increasing. As a longtime partner of Dell EMC, ACP has been dealing with enterprise solutions in the storage environment for many years. This includes the data protection solutions, including numerous Data Domain installations and the Data Protection Software portfolio.Dirk Witje, an ACP board member in Germany, shared, “We now have many customers that we have equipped with a data protection solution from Dell EMC. At the beginning of this year, we equipped one of our larger customers – a pharmaceutical company with 40 locations and 7,000 employees internationally – with the Integrated Data Protection Appliance.”IDPA DP4400 8-24TBThe Dell EMC Integrated Data Protection Appliance (IDPA) is an easy-to-install converged solution that is cloud-ready and offers complete backup, replication, recovery, deduplication, instant access and restore, all in a single appliance.Listen to the full story here. What’s Next?With Dell EMC Data Protection, the future is bright. Our customers have spoken and it’s clear that a trusted data protection solution is essential. With Dell EMC and VMware’s integration and easy to use solution, many organizations globally have seen a multitude of benefits. Adopting a dependable solution for data protection helped these organizations understand the value of their data to realize future growth, reduced costs and IT transformation.Want to discover more ways our customers are benefiting from the integration between Dell EMC and VMware? Visit with us at VMworld Europe in Booth D401 or check out these additional resources:dellemc.com/VMwareProtectiondellemc.com/IDPAdellemc.com/powerprotectdellemc.com/dataprotectionMore Dell EMC Data Protection customer stories here!last_img read more

Berbatov downs slumping Spurs

first_imgDimitar Berbatov came back to haunt his former club as Tottenham’s chances of Champions League qualification took a huge blow with a shock 1-0 defeat against Fulham. Press Association Andre Villas-Boas’ side have now lost three successive games for the first time under his stewardship and they sit four points above Arsenal having played one more game. Gylfi Sigurdsson found Gareth Bale from a corner, but luckily for Fulham Sascha Riether cleared the forward’s goal-bound header off the line and the only other event of note in the first period was that Bale needed treatment on an ankle injury after being clipped by Giorgos Karagounis. Tottenham had much more energy about them in the second half and Bale drew Mark Schwarzer in to his first save of the game. Fulham then stunned the home crowd by taking the lead through Berbatov. The Bulgarian lost his marker to meet Ashkan Dejagah’s cross and bundle the ball past Lloris. Brede Hangeland almost doubled Fulham’s lead moments later when he met Karagounis’ corner at the back post, but his effort flew just wide. Jermain Defoe almost levelled after his introduction as a substitute, firing a low shot which Schwarzer saved well after some good work by Steven Caulker down the right. Schwarzer pulled off a brilliant save to deny Defoe in the final minute and Fulham held on in the four minutes of added time as Spurs left the field to a loud chorus of boos from their support. center_img Having scored three goals in his last four matches, Berbatov was always going to be Fulham’s main goal threat, but even he could not have imagined how easy it would be to score his first goal at White Hart Lane since leaving Spurs in 2008. The Bulgarian, who scored 46 goals in two seasons at Tottenham, easily spun off his marker and his mis-timed shot flew past Hugo Lloris to give the Cottagers their first win at White Hart Lane in 10 years. last_img read more