Data Loss - Cost of Data Loss

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)

    The Fountaine of parents duties is Love....Great reason there is why this affection should be fast fixed towards their children. For great is that paine, cost, and care, which parents must undergoe for their children. But if love be in them, no paine, paines, cost or care will seeme too much.
    William Gouge (20th century)

    This city is neither a jungle nor the moon.... In long shot: a cosmic smudge, a conglomerate of bleeding energies. Close up, it is a fairly legible printed circuit, a transistorized labyrinth of beastly tracks, a data bank for asthmatic voice-prints.
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    Our loss put six feet under ground
    Is measured by the magnolia’s root;
    Our gain’s the intellectual sound
    Of death’s feet round a weedy tomb.
    Allen Tate (1899–1979)