White Paper

Evaluating Data Loss Impact

Evaluating Data Loss Impact

Pages 7 Pages

WHITE PAPER Evaluating Data Loss Impact2 INTRODUCTION To communicate the risk of data loss to an executive or board level audience, conversations and calculations need to move beyond the likelihood of an incident occurring. CISOs need to effectively assess the potential cost and reputational impact of an incident, in using data and terms in which the board is versant. However, while this ideology is not new, there are many good reasons why little progress has been made to move beyond the rhetoric and establish a usable methodology for evaluating Data Loss Impact. Why calculate the impact of a data loss scenario? • To ensure the risk is fully understood and prioritized at board level • To ensure the necessary resources are available to mitigate the risk Data Loss Impact is a hard thin

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