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 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 (18171862)
“I knew that the wall was the main thing in Quebec, and had cost a great deal of money.... In fact, these are the only remarkable walls we have in North America, though we have a good deal of Virginia fence, it is true.”
—Henry David Thoreau (18171862)
“To write it, it took three months; to conceive it three minutes; to collect the data in itall my life.”
—F. Scott Fitzgerald (18961940)
“Bad company is as instructive as licentiousness. One makes up for the loss of ones innocence with the loss of ones prejudices.”
—Denis Diderot (17131784)