Intellectual Ammunition

Glenn Crocker glenn at netmud.com
Sun Sep 16 04:54:54 CDT 2001


It's kind of suprising, but the SEC doesn't have requirements with regard to
client data storage.  They depend on businesses in the securities industry
to take care of data because they know that's the right business decision.

For other businesses, it may just not be that critical, and they may decide
to ignore the issue.  Of course, that's often because their IT folks don't
communicate those issues in the right terms (money and risk) for management
to make good decisions.  If your company is making what you feel like is a
bad decision in terms of risk management, you should recommend that they
look into insurance to mitigate that risk.  That often gets management
attention that this is an important issue, but may mean work for you
(figuring out the value of the information, the cost to replace it, and the
risk of loss).

One of the big advantages of free (as in beer) solutions is that you can
keep a hot spare or online remote backups without a second set of server
licenses.  Be sure to take that into account if you're pricing free vs.
costly solutions!

-glenn

Glenn Crocker
Netmud   http://www.netmud.com
913-451-7785, glenn at netmud.com

> -----Original Message-----
> From: Monty Harder [mailto:lists at kc.rr.com]
> Sent: Saturday, September 15, 2001 11:16 PM
> To: Jonathan Hutchins; kclug at kclug.org
> Subject: Re: Intellectual Ammunition
>
>
>
> Jonathan Hutchins <hutchins at opus1.com> wrote
>
> >> Center.  You
> >> >didn't get there by playing stupid.
> >
> >>   I wonder if my company gets this.
> >
> >All I can say is if they don't, get another company.
>
>
>   You don't know how long it took to get this one.
>
>   I saw a story on Fox News Network today talking about this very issue.
> They mentioned one specific firm that had out of STATE backup,
> but seemed to
> suggest that some smaller companies might not have taken such precautions.
>
>
>
>




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