Boreal Capital Management is a global wealth management firm established in 2008. It operates from offices in Zurich and Miami and serves a diverse international clientele. Recognized for its comprehensive financial solutions, the firm is regulated by FINRA and the SEC, which holds it to high security standards. It sought a secure business continuity and recovery solution to ensure uninterrupted service delivery amid unpredictable challenges such as hurricane season.

As a firm regulated by FINRA and the SEC, Boreal Capital Management must meet high security standards, and its disaster recovery arrangements are part of that obligation. Its previous disaster recovery service was costly and complex, which made it hard to justify and hard to run for a firm that wanted to minimize operational overhead.

The urgency came from an incident outside the firm's own walls. Its managed service provider (MSP) was hit by a ransomware attack, and Boreal was affected overnight with no plan or strategy in place, right at the beginning of hurricane season. The firm urgently required a simple, cost-effective business continuity and recovery plan before storms added a second source of risk.

Boreal set out to deploy a resilient business continuity and recovery solution aligned with its regulatory requirements. It prioritized simplicity, cost-effectiveness and scalability, and it wanted a partner that could deliver seamless continuity while keeping the burden on its own staff to a minimum.

Boreal Capital Management discovered Cloud IBR (Cloud Instant Backup Recovery), an automated disaster recovery SaaS platform. Cloud IBR works with the firm's Veeam backups, which are stored in Backblaze B2 cloud storage, and provides seamless failover to bare metal cloud infrastructure when a disruption occurs.

The firm implemented Cloud IBR for simple, one-click backup recovery, giving it rapid restoration of systems for business continuity in the event of server disruptions, errors or a declared disaster. The platform is seamless and easy to set up, and its hands-off management of disaster recovery removes the day-to-day overhead that came with the previous service, delivering significant employee time savings.

A key feature for a regulated firm is Cloud IBR's automated recovery testing. The platform runs recovery tests that confirm the backups are good and produces validated Recovery Test Reporting, which supports Boreal's FINRA and SEC cybersecurity compliance requirements. The move reduced Recovery Time Objectives (RTOs) from weeks to hours and delivered substantial financial savings and return on investment compared with the firm's previous disaster recovery solution.

• Recovery Time Objectives (RTOs) reduced from weeks to hours
• Validated Recovery Test Reporting supports FINRA and SEC cybersecurity compliance requirements
• Enhanced resilience against server disruptions, errors and disaster recovery events
• Significant employee time savings from seamless, easy-to-set-up, hands-off disaster recovery management
• Substantial financial savings and ROI compared with the previous disaster recovery solution