Highly secure and compliant data storage and archiving technology solution
FAST LTA at a glance
Fast LTA is a leading German solution provider for high-security archiving, storage, and recovery of business critical and sensitive personal data. The company offers both long-term archiving and backup solutions for small to enterprise customers with requirements for robust data integrity, compliance assurance, protection against data manipulation and against ransomware.
- Year acquired
- 2024
- Revenue
- EUR 27m
- Location
- Germany
- Employees
- 111
- Website
- https://www.fast-lta.de/en
- Investment theme
- Tech-Enabled Resilience
- Contact
- matthias.fink@summaequity.com
- SDG alignment
9, 16
The challenges we face:
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+80%
rise in ransomware attacks in the global healthcare sector in 2023
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90%
of European critical industry actors have experienced at least one cybersecurity attack in the past two years
How does FAST LTA help?
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Reality today
Companies in critical industries need secure data storage and recovery solutions to prevent ransomware data loss and comply with regulations. Additionally, energy-efficient storage solutions are essential to mitigate climate impact from the growing need for data processing and storage.
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FAST LTA approach
Fast LTA protects sensitive data for clients in sectors like healthcare and public services against ransomware, ensuring data privacy. Their solutions, including WORM technology and Air Gap, also help save energy by powering down hardware when not in use.
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Aspirational future
A more resilient society and infrastructure where no data is lost— and if any is, it can be recovered quickly — ensuring individuals and businesses are protected from cybercrime and can minimize recovery times after an attack.
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Who is impacted?
Companies in critical industries, especially healthcare, store sensitive data, benefiting individuals through increased security and reduced risk of malicious access. Business-critical information is protected and promptly restored, ensuring continuity and resilience during attacks or incidents.
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Contribution
FAST LTA clients in critical industries prevent data losses and business disruptions from ransomware attacks. Their replication-based disaster recovery ensures operational continuity, even if physical servers are destroyed, as seen during the 2021 Germany floods.
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Risks to impact
Issues resulting from human error, such as misconfiguration during setup, improper management of encryption keys, or weak access control could lead to vulnerabilities.