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Are there specific services that handle this? If so, what is that type of service called?
Would it be cheaper to just look into getting another dedicated server with another host and backing up directly to that?
However 40GB is quite a lot of data, even in this day and age. I could imagine problems transferring that amount of data on a daily basis between remote locations via the "normal" internet. It should be doable over a 100/1000Mb/s local network.
One possibility, depending on your database software, would be to set up some form of replication to the remote machine, this means - after copying the initial data - only the incremental changes need to go over the network.
I only have a modest couple of GB, and two machines at the same remote location but in different buildings, neither of which have been bombed yet ;).
That is an insane amount of data to backup remotely on any regular basis. If you have a full T1 available, it would take about 60 hours to move 40GB across the line. Actually it would take longer since that isn't accounting for packaging the data.
You can be vague, but what type of information do you have in a 40GB database that needs to be connected to the internet?