Cost of Data Loss
The cost of a data loss event is directly related to the value of the data and the length of time that it is needed, but unavailable. Consider:
- The cost of continuing without the data
- The cost of recreating the data
- The cost of notifying users in the event of a compromise
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Famous quotes containing the words cost of, cost, data and/or loss:
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“To write it, it took three months; to conceive it three minutes; to collect the data in it—all my life.”
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“Begin with loss and see
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—Lynn Emanuel (b. 1949)