20 VPS providers to shut down on Monday, giving customers two days to save their data | ZDNet
No explanation given for the sudden shutdown. Customers suspect an exit scam.
Mike Bittner, Director of Digital Security and Operations for The Media Trust says, “These fly-by-night virtual private server providers have made off not only with money they made from Black Friday and Cyber Monday, but also with valuable consumer data collected on the year’s busiest online shopping season. Businesses must carefully vet their digital vendors just as thoroughly as they would other vendors. They will lower their risk of being deadpooled or swindled by entering into contracts only with companies that have a track record for reliability, longevity, and data security. VPS providers are legion, but validation and positive reviews from third-parties recognized and trusted in the industry will indicate whom to do business with. In the long run, businesses save more and risk less when they go with digital vendors they can trust.”