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Storage managers do their best to protect stored data, but disaster can always strike, which is why a good disaster recovery budget should factor in the cost of data loss. Yet calculating that amount can be a hit-or-miss effort.
Darwin Professional Underwriters, a Farmington, CT-based specialty insurance group, is offering an online calculator to help organizations assess their financial risk from data theft. The tool, called Tech//404 (
The site doesn't offer a way to figure out the substantial cost of potential civil lawsuits. But having some ballpark figures could be handy if your best-laid storage security plans ever go awry.
This was first published in June 2007