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:
“One must always be aware, to notice—even though the cost of noticing is to become responsible.”
—Thylias Moss, African American poet. As quoted in the Wall Street Journal (May 12, 1994)
“Greeting people doesn’t cost you anything except a roll of your tongue.”
—Chinese proverb.
“To write it, it took three months; to conceive it three minutes; to collect the data in it—all my life.”
—F. Scott Fitzgerald (1896–1940)
“... imprisonment itself, entailing loss of liberty, loss of citizenship, separation from family and loved ones, is punishment enough for most individuals, no matter how favorable the circumstances under which the time is passed.”
—Mary B. Harris (1874–1957)