[LINK] FLoods taking out banking infrastructure

[rene]

On Thu, 13 Jan 2011 18:34:54 +1100, Richard Chirgwin wrote:
> However ...
>
> 2. Many people talk up the "five nines" or "six nines" services they
> can offer. If the flood is 1:40 then it has a significantly higher
> probability of occurrence than many of the other events the service
> is defended against. If someone spends, oh, ten million defending a
> data centre against a terrorist attack (which has never happened in
> Australia), but buys real estate offering a 2.5% change of the data
> centre being flooded in any given year ... ?

 :-) Excellent point, and I'd 'revise' my quick comments re caution in 
criticising online services that went down in connection with flooding, to 
exclude those of the type Richard mentions, and/or any others that appear 
to have their priorities wrong, based on actually known probability etc. My 
comments were really intended to indicate that there are circumstances in 
relation to the current flooding, that may not being adequately publicised 
around the country, but that does not necessarily mean that there are no 
online businesses whose disaster management plans have their 
priorities/expenditure mis-applied.

Irene