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Risky Thinking – On Risk Management, Disaster Recovery, and Business Continuity | |
| Home / Risk Glossary / Asset Value | 12 May, 2008 | |
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Asset Value (Definition)A monetary value assigned to an asset. This may be based on its actual cost, or the cost of its replacement. Value, however, may also take into account less tangible factors, such as customer confidence, inconvenience of replacement, productivity loss if lost, etc. See Also: Single Loss Expectancy. How far away should a hot site or mirror site be?
A question that is often asked when designing a disaster recovery plan is how far away a hot site or mirror site should be. Is there a simple answer? (More...)
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