Part #1 - Navigating SanDisk SSD Risks: Proactive Steps I’m Taking for Data Security
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### Executive Summary:
George from the BINJ Team presents a comprehensive discussion on taking proactive steps for data security, particularly focusing on the usage of different storage drives and encryption techniques. Initially, he shares his concerns about using SanDisk drives, emphasizing ongoing lawsuits against the company and poor past experiences. He advises diversifying drive manufacturers and technologies and advocates for considering Western Digital and Seagate drives. George also accentuates the importance of encrypting sensitive documents and provides a detailed guide on formatting and encrypting drives using Mac’s Disk Utilities. He introduces backup strategies that revolve around creating incremental backups and states his preference for Samsung SSDs. He further delves into specific formatting requirements for spinning hard drives and SSDs.
George also shares his real-world experiences, including disappointments with certain drive speeds, and how he is transitioning his storage solutions. He is particularly careful about encryption, providing tips on how to securely handle files, especially sensitive information like passwords. He mentions the importance of understanding drive speeds, stating that a fast connection interface like USB Type C is meaningless if the drive itself is slow. Lastly, George provides an insight into how time-consuming the process can be, especially when using traditional spinning hard drives as compared to SSDs.
### Summary in 10 Bullet Points:
1. George is critical of SanDisk due to personal bad experiences and ongoing lawsuits against the company.
2. He advises using a diversified range of storage drive manufacturers and types, such as Western Digital and Seagate.
3. The importance of encryption is emphasized, especially for sensitive files like tax records and investment documents.
4. George offers a guide on formatting and encrypting new drives using Mac’s Disk Utilities.
5. Incremental backup strategies are introduced for more effective data storage and retrieval.
6. He personally prefers Samsung SSDs as an alternative to SanDisk for a varied risk profile.
7. He specifies that macOS Extended should be used for formatting spinning hard drives, and APFS for SSDs.
8. George shares that drive speed is essential for effective data transfer, regardless of the connection interface like USB Type C.
9. He shows that transitioning storage solutions can be a time-consuming process, particularly with slower, traditional hard drives.
10. Finally, George highlights the need for consumer vigilance in understanding technical specifications, like drive speed, before making a purchase.
Disclaimer
The content shared in this presentation is intended solely for informational and educational purposes. It should not be considered as financial, legal, or tax advice. The views and opinions expressed are exclusively those of the presenter, who does not hold any licensure as a financial advisor or registered investment advisor.
Investing and trading in cryptocurrencies are activities that carry a substantial risk of financial loss. The information provided does not imply or guarantee success or any specific outcomes. Potential investors and traders are urged to consult with professional advisors before making any financial decisions.
Please conduct your own research and due diligence, and acknowledge that you are solely responsible for any investment decisions you make. The presenter is not liable for any potential losses incurred.
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