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
Read more about this topic: Data Loss
Famous quotes containing the words cost, data and/or loss:
“Keeping accounts, Sir, is of no use when a man is spending his own money, and has nobody to whom he is to account. You wont eat less beef today, because you have written down what it cost yesterday.”
—Samuel Johnson (17091784)
“To write it, it took three months; to conceive it three minutes; to collect the data in itall my life.”
—F. Scott Fitzgerald (18961940)
“The traditional American husband and father had the responsibilitiesand the privilegesof playing the role of primary provider. Sharing that role is not easy. To yield exclusive access to the role is to surrender some of the potential for fulfilling the hero fantasya fantasy that appeals to us all. The loss is far from trivial.”
—Faye J. Crosby (20th century)