Costs associated with major data loss incidents and non-compliance vary widely. Since providing any sort of typical or average costs is impossible, we are leaving this out of our ROI model. These factors should, however, be a key factor in your backup buying process.

Direct Costs

The costs your business incurs in activities and processes to address identification and management of a data loss incident.

  • Detection of an incident and escalation within the organization
  • Notifying stakeholders about the data loss
  • Response to data loss

Indirect Costs

Costs associated with lost business resulting from data loss.

  • Downtime costs
  • Insider threat costs
  • Reputation costs

Non-Compliance Costs

Costs related to failure to meet legal regulations or contractual service level agreements.

  • Penalties
  • Legal fees
  • Employee training re-certification costs