"The list of potential causes for this disaster is a short one. It includes a catastrophic failure by the operating system (OS X Server, in case you're interested), or a deliberate effort. A disgruntled member of the Lagomorphics team sabotaged some key servers several months ago after he was caught stealing from the company; as awful as the thought is, we can't rule out the possibility of additional sabotage. But, clearly, we failed to take the steps to prevent this from happening. And for that we are very sorry"After nearly six years, journalspace is no more. The drives that housed their entire database were overwritten.
The problem was that their backups weren't actually backups at all. journalspace's servers were set up with a mirrored RAID system so that if the primary drive should fail the secondary drive would be used to recover the primary. This alone is risky business, as it only protects you from the failure of one drive. In the case of journalspace, the drive didn't fail but instead the data was overwritten/erased on one drive, leading the other drive to follow suit and clear itself. A data recovery team from DriveSavers was unable to retrieve the database.