http://ow.ly/7behl
An article appearing on the B&L Blog at the bandl.typepad.com website (No author credit provided).
This article discusses data loss, and the need to deal with such issues by corporations that have experienced such loss.
The articles states, "More than half of the companies queried for the Cibecs 2011 Business Data Loss Survey have lost data already in 2011." A link to the survey is provided in the article.
The article further states, "While storage can seem like a basic, mundane fact of IT life, in the end it’s largely your storage strategy that will determine whether and how quickly you can recover lost data. Not to mention how much it will cost to restore your data: The Cibecs study reports that the average cost of recovering from the loss or theft of a business laptop is $50,000. Sound steep? When you consider the indirect costs of data loss, like interrupted productivity and reputational damage, it starts to seem a little more realistic. The faster and easier your recovery, the bigger the bite you can take out of these costs as well.
DR planning and a well-thought-out storage strategy can help minimize the risks and consequences of unavoidable data loss."
DR planning and a well-thought-out storage strategy can help minimize the risks and consequences of unavoidable data loss."
How you recover is reactive. How you prevent is proactive. As someone who deals with both the processing and storage of data, it amazes sometimes when I speak to people and ask what is their DR or data retention plan and I can hear birds chirping in guam sooner than hear an answer. I am also interested to hear how this issue is dealt with as cloud based storage options multiply. Good Post!
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