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How to Calculate Digital Asset Value and Risk

Organizations routinely analyze risks and their potential consequences. But digital information assets, especially those that must be accessible for decades, face specific types of risk that may not yet be fully integrated into routine risk management activities. This session uses the Digital Value at Risk (DVAR) calculator to demonstrate risk factors and financial consequences of loss for a real-life set of records, and it provides a short list of proven mitigation strategies and techniques.  

Learning Objectives Upon completion of this session, you will be able to: 

  1. Recognize unique risk factors associated with long-term digital information integrity and availability 
  2. Determine the threshold of acceptable and non-acceptable risk for a sample set of digital records 
  3. Develop an approach to engage IT staff and management in the prioritization of electronic records remediation and preservation