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 of, cost, data and/or loss:

    To become a token woman—whether you win the Nobel Prize or merely get tenure at the cost of denying your sisters—is to become something less than a man ... since men are loyal at least to their own world-view, their laws of brotherhood and self-interest.
    Adrienne Rich (b. 1929)

    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)

    To write it, it took three months; to conceive it three minutes; to collect the data in it—all my life.
    F. Scott Fitzgerald (1896–1940)

    Nothing that grieves us can be called little: by the eternal laws of proportion a child’s loss of a doll and a king’s loss of a crown are events of the same size.
    Mark Twain [Samuel Langhorne Clemens] (1835–1910)