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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—Thylias Moss, African American poet. As quoted in the Wall Street Journal (May 12, 1994)
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—James Madison (1751–1836)