What charts the cost to the company of the unavailability of information and technology and the cost to the company of recovering from a disaster over time?

Question

BlackTom AI · Accepted Answer

The question asks: What charts the cost to the company of the unavailability of information and technology and the cost to the company of recovering from a disaster over time?
Option 1: 'Disaster recovery cost curve' — This term is commonly used to describe a chart that plots the total cost of downtime (unavailability of information and technology) and the cost of recovery against time, illustrating how financial impact grows with longer outages and how costs accumulate as time to restore increases. This matches the described concept.
Option 2: 'Disaster recovery improvements' — This would refer to measures or strategies implemented to enhance recovery capabilities, not to a chart that estimates costs over time. It does not convey the idea of a curve plotting costs against time.
Option 3: 'Disaster organizational cost analysis' — This sounds like an analytical framework for assessing costs across an organization during disasters, but it is not the standard name for the time-based cost curve described in the question. It lacks the specific plotting concept implied by a curve.
Option 4: 'Disaster financial costs' — This is a broad phrase that could refer to any financial impact from disasters, but it does not denote a time-based chart or the concept of a curve showing both unavailability costs and recovery costs over time.
In highlighting these distinctions, it becomes clear that only Option 1 aligns with the described chart—the disaster recovery cost curve—because it explicitly represents costs as they accrue over time due to information/tech downtime and disaster recovery efforts.

What charts the cost to the company of the unavailability of information and technology and the cost to the company of recovering from a disaster over time?

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