Backblaze Launches Legal Hold to Support Data Loss Prevention and Litigation Readiness for Businesses
New feature exceeds business' needs around data retention for legal, regulatory, and HR obligations at no extra cost
Article content
SAN MATEO, Calif. — Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional backup providers, today introduced Legal Hold for Backblaze Computer Backup with Enterprise Control. The feature empowers businesses to preserve a user's entire backup, including every historical version captured, with a single click, ensuring rapid compliance with legal, regulatory, or HR data-retention requirements while maintaining the same predictable flat-rate pricing.
Article content
'With Legal Hold, information stays secure and immediately accessible when the stakes are highest,' said Gleb Budman, CEO at Backblaze. 'Reliable preservation of data reduces exposure to fines and sanctions, giving organizations fast, predictable compliance support without extra software, hardware, or surprise fees.'
Article content
Key Features
Article content
Administrators can instantly activate Legal Hold in the Enterprise Control console without additional hardware or software.
Runs silently in the background without downtime, throttling, or notifications.
Offers unlimited version retention without additional fees.
No charge instant file retrieval with available encrypted drive delivery via courier.
Data is secure by default with encryption at rest and in transit, with optional private-key encryption available.
Article content
Availability
Article content
Backblaze is the cloud storage innovator delivering a modern alternative to traditional backup providers. Purpose-built by cloud storage experts, the Backblaze Computer Backup product provides secure, predictable, and scalable endpoint protection that customers use to protect their critical business data from accidental file loss, hardware failure, and cyber and ransomware attacks. Backblaze helps businesses blaze forward with peace of mind that their data is safe.
Article content
Article content
Article content
Article content
Press Contact
Article content
Article content
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
30 minutes ago
- CTV News
Trump fires U.S. Labour Department's statistical leader after weaker than expected jobs report
WASHINGTON — U.S President Donald Trump on Friday ordered that the commissioner of the U.S. Bureau of Labor Statistics, Erika L. McEntarfer, be fired after data showed employment growth was weaker than expected last month. McEntarfer was nominated by former President Joe Biden to serve in the role in 2023 and was confirmed by the U.S. Senate the following year. 'We need accurate Jobs Numbers. I have directed my Team to fire this Biden Political Appointee, IMMEDIATELY. She will be replaced with someone much more competent and qualified,' Trump said in a post on Truth Social. (Reporting by Jasper Ward; Editing by Chris Reese)
Globe and Mail
30 minutes ago
- Globe and Mail
DeFi Development Corp. to Host X Spaces Event: 'July 2025 Business Recap & AMA'
BOCA RATON, FL, Aug. 01, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the 'Company') today announced it will host a live X Spaces conversation on Monday, August 4, 2025, at 1:30 p.m. Eastern Time, titled ' July 2025 Business Recap & AMA.' The event will offer participants a detailed review of the Company's recent business developments, key milestones, and strategic initiatives undertaken in July 2025. Additionally, the Company's leadership team will host an interactive Ask-Me-Anything (AMA) session, providing investors and community members an opportunity to have their questions addressed. Participants can join the live event by visiting DeFi Development Corp.'s official X (formerly Twitter) account at the scheduled time. A recording of the conversation will be made available shortly after the event concludes. Join the conversation: The Company does not intend to disclose any material nonpublic information during the event. About DeFi Development Corp. DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to Solana (SOL). Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana's expanding application layer. The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage. The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts ('REITs'), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities ('CMBS') lenders, Small Business Administration ('SBA') lenders, and more. The Company's data and software offerings are generally offered on a subscription basis as software as a service ('SaaS'). Forward-Looking Statements This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "believe," "project," "estimate," "expect," strategy," "future," "likely," "may,", "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The Company's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SOL below the value at which the Company's SOL are carried on its balance sheet; (ii) volatility in our stock price, including due to future issuances of common stock and securities convertible into common stock; (iii) the effect of and uncertainties related the ongoing volatility in interest rates; (iv) our ability to achieve and maintain profitability in the future; (v) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (vi) changes in the accounting treatment relating to the Company's SOL holdings; (vii) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (ix) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (x) other risks and uncertainties more fully in the section captioned 'Risk Factors' in the Company's most recent Annual Report on Form 10-K and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized, or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
Globe and Mail
30 minutes ago
- Globe and Mail
Trump demands official overseeing jobs data be fired after dismal employment report
WASHINGTON (AP) — President Donald Trump on Friday called for the firing of the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported. Trump in a post on his social media platform alleged that the figures were manipulated for political reasons and said that Erika McEntarfer, the director of the Bureau of Labor Statistics, who was appointed by former President Joe Biden, should be fired. 'I have directed my Team to fire this Biden Political Appointee, IMMEDIATELY,' Trump said on Truth Social. 'She will be replaced with someone much more competent and qualified.' Friday's jobs report showed that just 73,000 jobs were added last month and that 258,000 fewer jobs were created in May and June than previously estimated. McEntarfer was nominated by Biden in 2023 and became the Commissioner of the Bureau of Labor Statistics in January 2024. Commissioners typically serve four-year terms but since they are political appointees can be fired. The commissioner is the only political appointee of the agency, which has hundreds of career civil servants. Trump focused much of his ire on the revisions the agency made to previous hiring data. Job gains in May were revised down to just 19,000 from 125,000, and in June they were cut to 14,000 from 147,000. In July, only 73,000 positions were added. The unemployment rate ticked up to a still-low 4.2% from 4.1%. 'No one can be that wrong? We need accurate Jobs Numbers,' Trump wrote. 'She will be replaced with someone much more competent and qualified. Important numbers like this must be fair and accurate, they can't be manipulated for political purposes.' The monthly employment report is one of the most closely-watched pieces of government economic data and can cause sharp swings in financial markets. The disappointing figure sent U.S. market indexes about 1.5% lower Friday. While the jobs numbers are often the subject of political spin, economists and Wall Street investors — with millions of dollars at stake — have always accepted U.S. government economic data as free from political manipulation.
