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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    History is strewn with the wrecks of nations which have gained a little progressiveness at the cost of a great deal of hard manliness, and have thus prepared themselves for destruction as soon as the the movements of the world gave a chance for it.
    Walter Bagehot (1826–1877)

    The true reformer does not want time, nor money, nor coöperation, nor advice. What is time but the stuff delay is made of? And depend upon it, our virtue will not live on the interest of our money. He expects no income, but outgoes; so soon as we begin to count the cost, the cost begins. And as for advice, the information floating in the atmosphere of society is as evanescent and unserviceable to him as gossamer for clubs of Hercules.
    Henry David Thoreau (1817–1862)

    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.
    Susan Sontag (b. 1933)

    Somebody who should have been born
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    Yes, woman, such logic will lead
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    Anne Sexton (1928–1974)