WITHOUT DATA, WHAT WOULD YOUR COMPANY STILL BE WORTH?

Neither accounting rules like GAAP nor accounting standards like IFRS know a balance sheet item that reflects the value of company data and includes it in the measurement. This is actually completely crazy when one considers the immense value of data in a globalised and digitalised economic world. This exclusion is a serious system deficiency that has not yet been considered or even remedied by the responsible industry. But apart from all valuation bases and economic indices, one thing is nevertheless incontrovertibly certain: your company is no longer worth anything without data. It is dead. A fatal loss of data can cause disastrous damage to your business, more often leading to the ruin of the company than it can be survived.

MOUNT10 cannot and does not want to correct the current accounting standards and wishes every company to be spared from cybercrime and data loss. However, our long experience as a market leader in strategic data defence has taught us that the irreplaceable business value of data must be protected at all costs. Because without it, there would be nothing left to value for GAAP and IFRS, because the business would be wiped out – in a very literal sense. However, this is where the uncompromising protection of MOUNT10 comes into play.

The top management has long been aware that the responsibility for the complete protection of all company assets and their continued existence lies solely with the company management – i.e. the “C” level. In 2021, this responsibility includes above all the protection of a company’s data and therefore cannot and should not be delegated to in-house IT alone. As a founder or owner, your life’s work is at stake here, which can be destroyed in seconds in the context of cybercrime. Irreversible loss, negative effects of faulty processes, deliberate manipulation or blackmailing blocking of vital data are undoubtedly the greatest entrepreneurial risks of our time, according to the current Allianz Risk Barometer 2020. Because irreversibly lost data can neither be replaced by other data nor by money.

MOUNT10 is the leading Swiss company in the field of data protection for companies, SMEs, international corporations, state organisations and municipalities. Since 2005, several thousand companies and authorities in Switzerland but also worldwide have come to trust MOUNT10’s services, not least the Swiss government. With our highly secure Swiss Fort Knox® data storage sites, the most secure data centres in Europe, in the Swiss Alps, we provide ultimate protection for clients’ mission-critical data against loss, tampering and extortionate blocking.

So don’t volunteer to have your company counter our balance sheet statement. Instead, secure its continued existence today with MOUNT10. Nobody knows the value of your data better than you. And no one protects it better than Swiss Data Defence® from MOUNT10.