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Access "Mitigating risk is challenging and can be very expensive"

Published: 19 Oct 2012

Nearly every discussion of risk has to start with a definition of the term--and I won't buck that trend here. Risk is the level of exposure to unfavorable consequences from unplanned or unforeseen circumstances. In the world of enterprise storage, unfavorable consequences range from an inability to meet some aspect of a committed service level, such as performance, to the catastrophic, where substantial or all storage resources are unavailable to the business units. It's important to note that unplanned circumstances that expose companies to risk are different than unforeseen circumstances. For example, an unplanned circumstance might be that while we thought about the possibility of our East and West coast campuses experiencing simultaneous disasters, we considered it so remote an occurrence as to be unworthy of any investment in mitigation or planning. On the other hand, an unforeseen circumstance means we didn't even think about the possibility of a particular event occurring--like the night shift operator deciding to spray WD-40 on all the disk drives to... Access >>>

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