[thenbrent]

And as Fannie Mae provided the inside-man with root access to all the main systems, it was apparently just as easy to destroy the backups.

Edit: also in reference to this comment: http://news.ycombinator.com/item?id=2054679

[InclinedPlane]

If root access to systems lets you destroy backups then they cannot rightly be considered backups.

[amackera]

The Tao of Backup: http://www.taobackup.com/