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:
“The cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run.”
—Henry David Thoreau (1817–1862)
“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)
“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)
“Nothing is so important to man as his own state; nothing is so formidable to him as eternity. And thus it is unnatural that there should be men indifferent to the loss of their existence and to the perils of everlasting suffering.”
—Blaise Pascal (1623–1662)