Datahoarder opendrive7/14/2023 One of the most high-profile examples of this is Yahoo!, which had to triple its estimate of the number of users affected by a historic data breach from 1 billion to 3 billion. Yet, by failing to challenge this data hoarding mentality within their organisation, this is exactly the risk that the majority expose themselves to on a regular basis. Once a data breach has occurred, no executive would want to have to explain to their staff, customers as well as the mainstream media that they had no idea what information was taken or how many customers were likely to be affected. Besides, if you don’t have a full understanding of the data you’re holding, it’s all but impossible to fully understand the scale of the problem or how many people might have been affected. The more data you hold, the greater the consequence should you fall victim to a data breach. Making your data more visible reduces risk through easier monitoring. It’s not just data hoarding that’s an issue The calculator allows you to enter your own figures which will quickly give you an understanding of how much you’re spending in order to store non-critical business data and how those costs compound each year. So as to make it easier to understand what this looks like, we created our Data Storage vs Data Erasure ROI Calculator. This leaves a huge amount of data that could – and should – be erased. If we forget the security implications for one minute, have you ever thought to consider how the cost of data storage compounds each year? According to the Veritas Global Databerg Report, just 15 percent of the average company’s data is business-critical, a third is redundant, obsolete or trivial and another 52 percent is unclassified (dark) data. However, the storage costs and risks of a potential data breach often outweigh the benefits of keeping hold of this data. You might think it wise to keep hold of it “just in case” it one day becomes useful. You could perhaps be forgiven for thinking that as the cost per TB of cloud storage gets cheaper, that it would be ok to let your data stores continue to grow. After all, if you don’t know exactly what you have or where it is stored, how are you ever going to know how best to manage and protect it? Even though these data stores aren’t as visible as piles of rubbish it doesn’t make the practice of keeping hold of them any less destructive. However, I have come across organisations, all across that world, that are guilty of digital hoarding in one form or another, where they are clinging on to data well beyond the point that its continued storage is necessary or even beneficial. Data hoarding is widely recognised as a damaging activity in our day to day lives, with TV shows such as The Hoarder Next Door helping us appreciate how an unwillingness to throw anything away can quickly have negative effects.
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