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I was looking into this "i b a c k u p.com/quicken" service as an alternative to Intuit’s Disk backup service. It has the ability to backup automatically with out any user intervention on every change or additions made to the files. Any views about this service would be useful.

Try this online storage service, you don’t have to go for separate compression or encryption softwares. It has the ability to compress and encrypt automatically before transferring your data, this will inturn reduce your bandwidth and time taken on file transfers over the internet.