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

Read more about this topic:  Data Loss

Famous quotes containing the words 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)

    Mental health data from the 1950’s on middle-aged women showed them to be a particularly distressed group, vulnerable to depression and feelings of uselessness. This isn’t surprising. If society tells you that your main role is to be attractive to men and you are getting crow’s feet, and to be a mother to children and yours are leaving home, no wonder you are distressed.
    Grace Baruch (20th century)

    Unfortunately, I am involved in a freedom ride protesting the loss of the minority rights belonging to the few remaining earthbound stars. All we demanded was our right to twinkle.
    Marilyn Monroe (1926–1962)