Baby Data Expiration Date – Data Storage Split Personalities
- Steven Heizmann, CPA, CGMA
- Jul 2, 2019
- 2 min read
I’ve written about this topic before, debated with CFO.com webinars and it looks like the answers may come from John’s Hopkin’s medical school, or I am missing something.
How long until the data is deemed useless, worthless?
Insert into ransom models, stock market models. Baby data or most recent data will surely be best predictor, but finally.
My old stock market models indicated that for trading stock baby data ruled the day. In this what have you done for me lately culture, maybe that suits. However, if we can use AI to split off the older data that is no longer of any foreseeable data modeling, predictive modeling, etc. value, where should I destroy or do we ship to an offshore storage facility for safe keeping, then just let storage wars unknowingly handle the old data collected. You get my point? Article Link : https://www.nextgov.com/ideas/2019/07/case-using-algorithms-validate-broadband-data/158127/
Do we need to re-visit document retention laws in a cyber flux society. Or a temporary bandwith to help keep data somewhere once it’s no good for me, how much does it “cost” me to store it because of blanket 7 year white line rules.
You want to regulate payments of ransom attacks, that is moronic that we would start there. Let’s use AI, mathematics, and negotiation strategies that work and learn as we go because we are in a dire situation. We are unprepared and laws of limits will not Moneyball us to safety or even a more affordable safety overall as I see it.
This elsewhere: “The technology developed by the team uses an artificial neural network that merges classical approaches of machine learning with the power of a modern neural network. The network determines how much prior knowledge to use to guide predictions about treatment failure..” How long has the data until it’s useless, worthless. Insert into ransom models, stock market models. Baby data or most recent data will surely be best predictor, but finally.
Steven M. Heizmann, CPA, CGMA
# S
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