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But exactly that is hard. Backups have a high price tag when missing but none when not needed.
by chopin 3y ago
But exactly that is hard. Backups have a high price tag when missing but none when not needed.
- VierScar 3y agoSimilar issues happen for justifying security. But if you've got a price tag, then just do expected utility. What's the odds that you'll need a backup? 1%? 0.1%? Per year? And what's the value of that backup price tag during that time? $10m? 0.1% per year * 10m = 10k per year.
- deleted 3y ago[deleted]
- mateo411 3y agoGive the price tag when missing. The argument is we need to fix this in order to insure against this catastrophic event. Or take the price tag when missing multiply by the probability of needing it over the course of one year. This is a more accurate estimate for the annual cost of not creating the backup.